Listed entities to disclose shareholding pattern into promoters & promoter group separately

Listed entities to disclose shareholding pattern into promoters & promoter group separately – SEBI

SEBI has mandated that Listed entities shall disclose shareholding pattern into promoters & promoter group separately

Under Regulation 31(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) all entities falling under promoter and promoter group are required to be disclosed separately in the shareholding pattern on the website of stock exchanges, in accordance with the format(s) specified by the SEBI.

SEBI has also notified prescribed formats for disclosure of shareholding pattern including disclosure of holding of specified securities of promoter and promoter group, public shareholders and significant beneficial owners.

Presently, in the prescribed format, the shareholdings of promoter(s) and promoter group entities are collectively disclosed under ‘table II – Statement showing shareholding pattern of the Promoter and Promoter Group’.

SEBI, in the interest of transparency has provided that all listed entities shall now provide such shareholding, segregated into promoter(s) and promoter group.

The prescribed format of the table II has been revised accordingly.

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