Definition Of SECURITIES CONTRACTS (REGULATION) RULES :

“Public” means persons other than –
(i) the promoter and promoter group;

(ii) subsidiaries and associates of the company.

Explanation : Here “promoter” and “promoter group” shall have the same meaning as assigned to them under
the SEBI (ICDR) Regulations, 2009.

“Public Sector Company” means a body corporate constituted by an Act of Parliament or any State Legislature
and includes a government company.

“Public shareholding” means equity shares of the company held by public and shall exclude shares which are
held by custodian against depository receipt issued overseas.