System-driven disclosures require automated promoter shareholding tagging and daily reporting, with RTAs aggregating holdings for exchange dissemination. A system-driven disclosure framework requires listed companies, through RTAs, to provide authenticated promoter/promoter group information including PANs or account numbers so depositories can tag dematerialised accounts at the ISIN level; depositories will send daily end-of-day holdings to RTAs, which must aggregate dematerialised and physical holdings, apply regulatory thresholds, generate reports and provide them to Stock Exchanges for dissemination, with RTAs reconciling system-generated disclosures against promoter filings to detect and rectify discrepancies.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
System-driven disclosures require automated promoter shareholding tagging and daily reporting, with RTAs aggregating holdings for exchange dissemination.
A system-driven disclosure framework requires listed companies, through RTAs, to provide authenticated promoter/promoter group information including PANs or account numbers so depositories can tag dematerialised accounts at the ISIN level; depositories will send daily end-of-day holdings to RTAs, which must aggregate dematerialised and physical holdings, apply regulatory thresholds, generate reports and provide them to Stock Exchanges for dissemination, with RTAs reconciling system-generated disclosures against promoter filings to detect and rectify discrepancies.
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