Latest News | Sebi Revises Format for Promoters, Promoter Group Entities' Shareholding Disclosure
Get latest articles and stories on Latest News at LatestLY. Markets regulator Sebi on Friday revised the format for disclosure of shareholding pattern of promoters and promoter group entities.
New Delhi, Aug 13 (PTI) Markets regulator Sebi on Friday revised the format for disclosure of shareholding pattern of promoters and promoter group entities.
The shareholdings of promoters and promoter group entities, which are currently collectively disclosed under table II-Statement showing shareholding pattern of the promoter and promoter group, shall now be segregated into promoters and promoter group.
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As per the Listing Obligations and Disclosure Requirements Regulations, it is mandatory that all entities falling under promoter and promoter group be disclosed separately in the shareholding pattern on the website of stock exchanges, in accordance with the format specified by Sebi.
"In the interest of transparency to the investors, all listed entities shall now provide such shareholding, segregated into promoter(s) and promoter group," Sebi said in a circular.
The regulator has also provided the revised format. HRS hrs
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)