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As per section 93 of the Companies Act, 2013 the changes in aggregate shareholding of promoters and top ten shareholders categories exceeding 2% increase or decrease have to be filed within 15 days from the date of such change with ROC in Form MGT-10. However, the following queries have arisen while filing such details in Form No. MGT-10 :- i) When this form (MGT-10) is to be filed a) When there is change of 2% or more ± in aggregate total shareholding of promoters or top ten shareholders considering the total share capital of the Company OR b) When there is change of 2% or more ± in individual holding of promoters and top ten shareholders considering the total share capital of the Company. ii) The requirement at Sr. No.5 states “details of change in shareholding pattern”. It is not clear which details of change will appear. Whether the details of all those promoters/top ten shareholders where changes have occurred in aggregate (+) or (-) 2% or more should be mentioned. iii) The requirement at Sr. No.6 reads as “details of shareholding position of promoters and top ten shareholders”. It is not clear which details are to be provided. Since it contains the column of change of shareholding hence furnishing of same information as required under Sr.No.5 again under this heading does not make sense. Advice is sought about filling of details in Form MGT10 in respect of changes as contemplated under section 93 of the Companies Act, 2013.

Section 93- Return to be filed with Registrar in case promoters' stake changes. [Omitted]

Posted By: Amish 10 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Akansha

please take note of the following: 1 MGT -10 to be filed in case of individual shareholding 2. the details of change will appear for shareholders where there is change 3. Details of all promoters and top 10 shareholders will come.

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