13 Return of Changes in Shareholding Position of Promoters and Top Ten Shareholders

13 Return of Changes in Shareholding Position of Promoters and Top Ten Shareholders

Every listed company shall file with the Registrar, a return in Form No.MGT.10 along with the fee with respect to changes relating to either increase or decrease of two percent or more in the shareholding position of promoters and top ten shareholders of the company in each case,1[either value or volume of the shares,] within fifteen days of such change. 

1[Explanation.- For the purpose of this sub-rule, the the expression “change” means increase or decrease by two percent or more in the shareholding of each of the promoters and each of the top ten shareholders of the company.

 

Amendment

1. Omitted by Notification Dated 24th July, 2014.