No need to file return related to change in shareholding of promoters of listed cos. MCA

Earlier every listed Company, under section 93 read with Rule 13, was required to file a Return in e-form No. MGT-10, with Registrar to intimate changes either increase or decrease of two percent or more in the shareholding of Promoters and top 10 shareholders of the Company of the paid-up share capital, within 15 days of such changes. Such requirement has been done away with after amendment of Companies (Management and Administration) Rules, 2014.

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