LIST/COMP/32/2018-19 December 10, 2018
Dear Sir / Madam,
Subject: Disclosure of significant beneficial ownership in the shareholding pattern
SEBI vide Circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015, has prescribed the format for disclosure of holding of specified securities and shareholding pattern under Annexure-I to the circular.
Further, Ministry of Corporate Affairs vide notification dated June 14, 2018 has notified the Companies (Significant Beneficial Owners) Rules, 2018 under which various requirements pertaining to disclosures regarding Significant Beneficial Owners have been specified.
In the interest of transparency to the investors in the securities market, the following is specified:
1. All listed entities shall disclose details pertaining to significant beneficial owners in the format prescribed at Annexure to this circular.
2. The format specified in the Annexure to this circular shall be Table V under clause 5 of the format of holding of specified securities specified in the aforesaid circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015. The circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015 shall stand modified to that extent.
3. All the terms specified in this circular shall have the same meaning as specified in Companies (Significant Beneficial Owners) Rules, 2018.
This Circular shall come into force with effect from the quarter ended March 31, 2019.
The aforesaid circular is appended for your reference.
Listed Companies are requested to take note of the said amendments.
Abhijit Pai Shyam Bhagirath
Dy. Gen. Manager Associate Manager
Listing Compliance Listing Compliance
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