Under provisions of Clause 40A of the Listing Agreement, all listed companies are required to maintain, on a continuous basis, public shareholding of at least 10% or 25%, as the case maybe.

As on quarter ended on March, 2008, the public shareholding in 149 companies was less than the stipulated percentage. In addition, as many as 1729 companies have failed to submit the shareholding pattern under provisions of Clause 35.