Sebi comes out with new format for disclosure of shareholding patterns

With an aim to provide further clarity and transparency in the disclosure of shareholding pattern to investors, Sebi on Thursday came out with a new format for disclosing shareholding pattern of the public shareholders.Also, the regulator has specified that all listed entities will have to disclose details pertaining to foreign ownership limits in the a prescribed format, according to a circular.In the disclosure of public shareholding, names of the shareholders holding one per cent or above of shares of the listed entity is to be disclosed.