Why promoter holding is zero,?

Companies like CARE RATINGS Ltd are showing the promoter holding as ZERO. How this is possible?
Without promoter,how the company can run efficiently??

There are many other companies like HDFC, ITC, ICICI Bank, IDFC, L&T, MCX, & BSE which also have zero promoter holdings. These companies are managed by their Board of Directors. Check these articles -


Having promoter for company is not a necessity. Company generally runs more efficiently when there is no promoter and his vested interests involved. :slight_smile:

1 Like