A Stock’s 8\,764% Surge Spurs India to Rethink Shareholding Rules

A Stock’s 8,764% Surge Spurs India to Rethink Shareholding Rules
The logo of Securities of Exchange Board of India (SEBI) is pictured on its headquarters in Bandra Kurla Complex in Mumbai, India. (Source: BloombergQuint)

A Stock’s 8,764% Surge Spurs India to Rethink Shareholding Rules

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(Bloomberg) -- A 8,764% surge in the shares of a company with a minuscule public shareholding has prompted India’s regulator to consider changing its rules for firms emerging from the nation’s bank...