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All market infrastructure institutions, whether listed or unlisted, need to disclose shareholding patterns says SEBI
All market infrastructure institutions (MIIs) in India, whether listed or unlisted, will now need to disclose their shareholding patterns, Securities and Exchange Board of India (SEBI) stated today. In a circular with subject as Monitoring Shareholding of Market Infrastructure Institutions, the regulator noted that framework for monitoring and ensuring compliance with shareholding norms currently applicable to listed Stock Exchanges and listed Depositories shall be applicable to all MIIs (i.e. both listed and unlisted); and All MIIs shall disclose their shareholding pattern as per the requirements and formats specified for listed companies under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations, 2015) on their respective websites.