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of <h1>Companies Must Disclose Directors' Relatives' Shareholding in Annual Returns per Schedule V, Item 7(d) Clarification.</h1> The circular addresses the requirement for companies to disclose shareholding information of directors' relatives in their annual returns. It clarifies that under item 7(d) of Schedule V, companies must provide this information only for the company filing the schedule, not for other companies. The Department believes directors can obtain this information from their relatives, and companies should ensure its inclusion in Schedule V.
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