1. How many shares can a director
hold in a company?Are there any restrictions?
2. Also how many shares can a director hold in a listed company ?
3. If directors are allowed to own major shares for that matter in listed company? Wouldnt it amount to Insider Trading?
Menu
Shares held by directors
Replies (1)
Ans to question no. 1)
There is no restrictions to hold minimum /maximum no. of shares to become ineligible/ eligible for directorship.
Answer to question no.2)
Abovementioned answer is applicable in listed companies also.
Answer to question no.3)
SEBI (Insider trading) regulation ,2015 does not prohibit to hold major shareholding, but it prohibits to disclose unpublished price sensitive information at public domain
There is no restrictions to hold minimum /maximum no. of shares to become ineligible/ eligible for directorship.
Answer to question no.2)
Abovementioned answer is applicable in listed companies also.
Answer to question no.3)
SEBI (Insider trading) regulation ,2015 does not prohibit to hold major shareholding, but it prohibits to disclose unpublished price sensitive information at public domain
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
