Section 93 of Companies Act 2013

Delhi, National Capital Territory of Delhi, India; Services, Events, entertainment

184 days ago

Section 93 of Companies Act. Return to be filed with Registrar in case promoters ‘stake changes.“ —Every listed company shall file a return in the prescribed form with the Registrar with respect to change in the number of shares held by promoters and top ten shareholders of such company, within fifteen days of such change.”Can a company change the number of shares?Yes, that a company who’s the listed company can make the changes in the number of shares hold by the promoters and top ten shareholder, if it required or the company boards decide to increase the number of the shares then, the such changes made by the company shall file a return for the changes in the number of shares hold by the promoters and top ten shareholders in the prescribed form for validating the such changes. Rule 13 of Companies (Management & Administration) Rules, 2014, which states the procedure for filing the return for such changes.

https://www.registerkaro.in/post/section-93-of-companies-act-2013

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