Annual Disclosure under Reg 8(3) of SAST

CS Ekta (Company Secretary) (309 Points)

14 April 2010  

Dear All,

Reg 8(2) provides of SEBI (SAST) provides that the promoter or every person having control over a company have to give annual disclosure of his shareholding.

Kindly confirm that the term "Promoter" will also cover "Promoters Group" i.e. do the persons falling under promoters' group also need to give the disclosure?