The Securities and Exchange Board of India (SEBI) has proposed changes in the Securities Contracts Regulations 1957 to make it easier for large companies with market capitalisation of more than Rs 1 lakh crore to list on the Indian stock exchange. It has recommended lowering the minimum public offer through an initial public offering by a company with a post-issue market capitalisation of more than Rs 1 lakh crore to Rs 10,000 crore plus 5 per cent of the incremental amount beyond Rs 1 lakh crore. These issuers shall be required to achieve at least 10 per cent public shareholding in two years and at least 25 per cent within five years from the date of listing.