All Market Infrastructure Institutions Must Disclose Their Shareholding Pattern as per LODR Regulations: SEBI
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- Last Updated on 16 October, 2024
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Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/139, Dated: 14.10.2024
In order to ensure ease of compliance and effective monitoring of the provisions related to minimum public shareholding, other shareholding limits and fit & proper criteria, SEBI has decided that all Market Infrastructure Institutions (MIIs) shall disclose their shareholding pattern as per the requirements and formats specified for listed companies under LODR Regulations.
Further, every MII must appoint a ‘Designated Depository (DD)’ to monitor their shareholding limits. The MIIs must provide the details of paid-up equity share capital, including the number of shares, to the DD at the time of appointment, and as and when there are changes, the same must be informed to the DD on an end-of-day (EoD) basis.
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