Meaning of cumulative share holding as mentioned in mgt-9

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Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2015 Dear Professional Colleague, I have one query regarding Annual Return to be filed in MGT-9.

In MGT-9 the Shareholding Pattern in Clause (iii) Change in promoters Shareholding, it is ask for 'Cumulative Share Holding During the Year'. What does it mean total share holding or any other issue.

ACS Gurminder Dhami

ACS Gurminder Dhami (Expert)
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27 May 2015 Dear This can be explained with the help of an example.

Suppose shareholding at beginning of FY was 100 after one month inc. of 20 shares and then after two months decrease in 35 shares.

So,

1. At beginning :- 100

2. After one month :- inc. 20; cumulative 120(100+20).

3. After two month:- dec. 35; cumulative 85(120-35)

4. At the end of year:- 85

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