https://www.taxtmi.com/highlights?id=86796 SEBI has modified the disclosure requirements for shareholding patterns under Regulation 31 of the Listing Regulations. The amendments require listed entities to disclose details of Non-Disclosure Undertakings, other encumbrances, and total pledged shares. The revised format clarifies that underlying outstanding convertible securities include ESOPs and adds a column capturing shares on fully diluted basis. Table II now includes a footnote regarding promoters with nil shareholding. Stock Exchanges must notify listed companies and amend relevant regulations, while Depositories must update their systems accordingly. These modifications to Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 will take effect from the quarter ending June 30, 2025. en-us Mon, 24 Mar 2025 17:48:18 +0530 Mon, 24 Mar 2025 17:48:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=86796 SEBI has modified the disclosure requirements for shareholding patterns under Regulation 31 of the Listing Regulations. The amendments require listed entities to disclose details of Non-Disclosure Undertakings, other encumbrances, and total pledged shares. The revised format clarifies that underlying outstanding convertible securities include ESOPs and adds a column capturing shares on fully diluted basis. Table II now includes a footnote regarding promoters with nil shareholding. Stock Exchanges must notify listed companies and amend relevant regulations, while Depositories must update their systems accordingly. These modifications to Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 will take effect from the quarter ending June 30, 2025. Highlights SEBI Mon, 24 Mar 2025 17:48:18 +0530 https://www.taxtmi.com/highlights?id=86796