DMart plans Rs 6,200 crore QIP to meet Sebi holding norm - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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DMart plans Rs 6,200 crore QIP to meet Sebi holding norm

Avenue Supermarts promoter Damani has to pare his 80.21% stake to comply with the SEBI’s minimum public shareholding rule for listed companies. This stipulates that promoters cannot own more than 75%.

from Stocks-Markets-Economic Times
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