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India’s market regulator on Monday proposed to reduce the minimum size of share sale for large companies looking to list their shares in a bid to simplify fund-raising.

India markets regulator proposes to add algo trading into stock broker regulations

The proposal includes allowing companies to sell a minimum of 2.5% of their paid-up share capital in an initial public offering from the earlier mandated 5% if their market capitalisation was above 5 trillion rupees ($57 billion) after the listing.