Latest News | Stock Exchanges, Clearing Corporations Need to Disclose Shareholding Patterns: Sebi

New Delhi, Jul 31 (PTI) Markets regulator Sebi has amended rules, requiring stock exchanges and clearing corporations to disclose their shareholding pattern on their respective websites every quarter.

To give this effect, Sebi has amended the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018.

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"The recognised stock exchange(s) and the recognised clearing corporation(s) shall disclose their shareholding pattern on their respective websites on a quarterly basis as per the requirements and format specified for listed companies in terms of the provisions of the Securities and Exchange Board of India (LODR) Regulations, 2015," Sebi said.

This needs to be disclosed as per the requirements and format specified for listed companies under Sebi's LODR (Listing Obligations and Disclosure Requirements) Regulations.

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Further, the functional committee will now comprise a member committee and a nomination and remuneration committee.

(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)