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    <description>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.</description>
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