How much % of shares has to be minimum maintained by Promoters Group in order to own and run the company?

General
1

I see some companies have less than 50% share holding by Promoters group.

What is the condition, any minimum % to be maintained by them?

Sometimes say YYY company takes over an XXX company when the shares owned by YYY becomes greater than 50%, what is the funda behind this?

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2

SEBI prescribes that the minimum ‘Public’ shareholding in listed companies be a minimum of 25%. This is to ensure that there is no concentration of equity in the hands of the promoters which may allow manipulation of stock prices.

Source: http://finmin.nic.in/reports/Discussion%20Paper%20Public%20Holdings.htm

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3

Is there any minimum for promoters?
Can promoters just keep 20% and remaining they can open to public?

4

Yes, they can.

5

You are saying that promoter group does not need to hold any shares or there is any minimum % of shares need to be held by promoter group too. Please clarify.

6

(I guess you have not gone through the link what Venu gave).
This is what I understand EKANSH
Roughly 25% of the shares should be non-promoters (exceptions are there for Govt.companies etc).
So it means that Promoters can hold maximum of 75% shares. There is no minimum limit.
So a promoter group can have 10% or 74%, anything is possible.
But the promoter group should have the majority of shares in order to own and run the company.
Say for example, promoter group of company ABC holds 11.5% shares and assume company XYZ is slowly aggregating shares and finally secured a 12% of the total shares.
Then company XYZ can claim that they have bought company ABC and takeover the company for running its normal operations. This is one way of acquiring companies.
Hope you understood now!

7

Thanks for the information.