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of <h1>Definition of 'Small Shareholder' in Companies Rules: Holds shares worth 20,000 or less under Section 252 of Companies Act, 1956.</h1> In the Companies (Appointment of the Small Shareholders' Director) Rules, 2001, the term 'Act' refers to the Companies Act, 1956. A 'Small Shareholder' is defined as an individual holding shares with a nominal value of twenty thousand rupees or less in a public company that falls under the purview of section 252 of the Act.
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