Companies' rules: listed companies must report promoter/top-ten share changes of 2% within fifteen days and provide e voting. The Amendments require transfer of member particulars from registers under the Companies Act, 1956 into the new register in Form MGT-1, remove filing 'in duplicate,' change timing language, require listed companies to file Form MGT-10 for promoter and top-ten shareholding changes of two percent or more within fifteen days, substitute Form MGT-6, omit certain procedural sub-rules, and mandate e voting facilities for listed companies and companies with at least one thousand members with specified exemptions.
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Companies' rules: listed companies must report promoter/top-ten share changes of 2% within fifteen days and provide e voting.
The Amendments require transfer of member particulars from registers under the Companies Act, 1956 into the new register in Form MGT-1, remove filing "in duplicate," change timing language, require listed companies to file Form MGT-10 for promoter and top-ten shareholding changes of two percent or more within fifteen days, substitute Form MGT-6, omit certain procedural sub-rules, and mandate e voting facilities for listed companies and companies with at least one thousand members with specified exemptions.
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