Monitoring of shareholding limits requires exchanges to detect breaches and notify regulator promptly, with public disclosure of category holdings. Stock exchanges and clearing corporations must maintain a monitoring mechanism to ensure compliance with shareholding limits, conduct periodic checks of shareholding data, notify the Board promptly on breaches, follow Board guidance for listed exchanges, and publish numbers of shares in non public, FII and FDI categories on their websites and on the exchange of listing.
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Provisions expressly mentioned in the judgment/order text.
Monitoring of shareholding limits requires exchanges to detect breaches and notify regulator promptly, with public disclosure of category holdings.
Stock exchanges and clearing corporations must maintain a monitoring mechanism to ensure compliance with shareholding limits, conduct periodic checks of shareholding data, notify the Board promptly on breaches, follow Board guidance for listed exchanges, and publish numbers of shares in non public, FII and FDI categories on their websites and on the exchange of listing.
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