Who is a Promoter /Public Shareholder ? - SEBI - New Guidelines

SEBI has directed minimum 25  % public holding for any company to remain listed.

To escape this many promoters reclassified themselves as Public Shareholders.

Now , after complaints from share holders SEBI planning new guidelines.

Please Click this informative ET link 

http://economictimes.indiatimes.com/markets/regulation/sebi-mulls-new-rule-for-promoters-turning-public-shareholders/articleshow/27490160.cms