26-March-2026
Commercial Laws
 
PSU stakes can go below 51% with a golden share' shield
25-Mar-2026

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a “golden share” or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent. Economic Survey on definition of government company The 2025-26 (FY26) Economic Survey had proposed to amend the definition of a “government company” so that listed central public sector enterprises (CPSEs) with as little as 26 per cent government ownership would retain that status, preserving special-resolution rights while allowing deeper disinvestment.

News Source:- https://www.rediff.com/business/report/psu-stakes-can-go-below-51-with-a-golden-share-shield/20260325.htm