Chastened by the over 6,200% rise in the shares of insolvent Ruchi Soya, India’s market regulator has approved a change in minimum public shareholding norms for companies undergoing insolvency resolution.The SEBI board has approved a minimum threshold of 5% public shareholding for listed companies at the time of their readmission for dealing on a stock exchange pursuant to a resolution plan approved under the Insolvency and Bankruptc…

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