Minimum public shareholding
Regulation & taxAlso called: MPS
The requirement under the Securities Contracts (Regulation) Rules that a listed company keep at least 25% of its shares with the public, a shortfall being corrected within twelve months through routes SEBI specifies.
In plain terms
A seller acting on a legal deadline rather than a view on value, and the gap is a subtraction anyone can do from the quarterly shareholding pattern. Listed public sector companies have repeatedly been given extended timelines that no private issuer would get.