Could the reason be because the promoter group holds 74.65% and, in addition, the CEO Ignatius Navil Noronha holds 1.96% stake under public shareholding, thereby the actual free float is only 23.39% which is less than the required 25%?
Could the reason be because the promoter group holds 74.65% and, in addition, the CEO Ignatius Navil Noronha holds 1.96% stake under public shareholding, thereby the actual free float is only 23.39% which is less than the required 25%?