SEBI comes out with new format for Disclosure of Shareholding Patterns

Current Context: SEBI developed a new format for disclosing the shareholding pattern of the public shareholders to bring clarity and transparency in the disclosure of shareholding patterns to investors.

• As per new rules, all listed entities will have to disclose details related to foreign ownership limits in the prescribed format.
• Besides, the names of the shareholders holding 1% or above of shares of the listed entity are to be disclosed.
• A new pattern has been designed for disclosing non-promoter non-public shareholders.
• Apart from that, SEBI has added a new column for sub-categorization of shares.
• These sub category includes shareholders who are represented by a nominee director, secondly who have entered into a shareholder agreement with the listed entity, and thirdly persons in concert with the promoter.
• Shareholding under any of the categories will be unique and will not be duplicated under multiple categories.

Question:

Q.1 As per SEBI's new format for disclosing the shareholding pattern of the public shareholders, the names of the shareholders holding atleast ________% of shares to be disclosed?

a. 2%
b. 5%
c. 1%
d. 3%