SEBI issued circular regarding Disclosure of holding of specified securities and Holding of specified securities in dematerialized form
Based on the requests received from Depositories, Stock Exchanges and in the interest of providing further clarity and transparency in the disclosure of shareholding pattern to the investors in the securities market, the Annexure 2 of section II-A of chapter II to the Circular is being partially modified as under:
a. Table I-IV of the shareholding pattern has been amended as under:
i. details of Non-Disclosure Undertaking, Other encumbrances, if any and total number of shares pledged or otherwise encumbered including NDU shall be disclosed by the listed entities.
ii. It is clarified that underlying outstanding convertible securities also includes ESOPs i.e. the existing header of column X as “No. of Shares Underlying Outstanding convertible securities (including Warrants, ESOP etc.)
iii. adding one additional column in the existing shareholding pattern format to capture the details of total number of shares on fully diluted basis (including warrants, ESOP, Convertible Securities etc.)
b. Table II of the shareholding pattern has been amended as under:
i. A footnote has been added to the table II, which provides the details of promoter and promoter group with shareholding “nil”, can be accessed
This Circular shall come into force with effect from the quarter ending June 30, 2025.
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