Relaxation from MPS Non-Compliance Requirements
Summary
SEBI issued a relaxation circular providing relief from the Master Circular requirements for listed entities non-compliant with Minimum Public Shareholding (MPS) norms under the LODR Regulations. The relaxation applies to companies failing to maintain the required 25% public shareholding. No specific compliance deadline or penalties were mentioned in this relaxation notice.
What changed
SEBI has issued a relaxation from the applicability of its Master Circular concerning compliance with MPS requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This relaxation provides relief for listed entities that have failed to comply with minimum public shareholding requirements. The circular number is HO/49/14/14(13)2026-CFD-POD2/I/8772/2026.
Listed companies currently non-compliant with MPS norms should review the relaxation provisions to determine whether they qualify for relief from enforcement actions or additional compliance requirements. Companies should assess their public shareholding levels and consult with legal counsel regarding eligibility for this relaxation.
What to do next
- Review MPS compliance status under LODR Regulations
- Assess eligibility for SEBI relaxation provisions
- Consult legal counsel regarding applicability of relaxation
Archived snapshot
Apr 7, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Request for Proposal for sale of PACL properties in Uttarakhand,Odisha,Chandigarh and Andhra Pradesh::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: :::
Relaxation from the applicability of SEBI Master Circular for compliance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on non-compliance with the Minimum Public Shareholding (MPS) requirements
Apr 07, 2026
| Circular No.: HO/49/14/14(13)2026-CFD-POD2/ I/8772/2026
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