SEBI changes methodology for calculating market capitalization of public listed company
Securities and Exchange Board of India (SEBI) has decided to alter the methodology for calculating the market capitalisation of a publicly-listed company. Now all listed companies will use the average market-capitalisation of six months. The new rules will come into effect from December 31, 2024. The listed entities' rankings will be determined by the average market capitalization from June 1 to December 31, instead of the market cap as the end of the fiscal year.
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