SEBI, vide circular dated June 30, 2022, has amended circular dated November 30, 2015 providing clarity on disclosure of holding of specified securities and shareholding pattern under Regulation 31 of SEBI (LODR) Regulations, 2015. Modifications made are as under:
- Names of the shareholders holding 1% or more than 1% of shares of the listed entity is to be disclosed.
- Names of the shareholders who are persons acting in concert, if available, shall be disclosed separately.
- Formats of statement showing shareholding patters have been modified.
- All listed entities are required to disclose details pertaining to foreign ownership limits. Format for same has been prescribed.
This modification will be effective from the quarter ending September 30, 2022.