In order to bring clarity regarding the identity of ultimate owners of the company, disclosure of shares in the company held by each shareholder is required, holding more than..................shares, specifying the number of shares held.

5%

The correct answer is option 1- 5%.

In order to bring clarity regarding the identity of ultimate owners of the company, disclosure of shares in the company held by each shareholder is required, holding more than 5% shares, specifying the number of shares held.

In order to bring clarity regarding the identity of ultimate owners of the company

i) Disclosure of shares in respect of each class in the company held by its holding company or its ultimate holding company including shares held by subsidiaries or associates of holding company or the ultimate holding company in aggregate. 

ii) Disclosure of shares in the company held by each shareholder holding more than 5% shares specifying the number of shares held.

iii)  Disclosure of the following for the period of 5 years immediately preceding the date of the balance sheet:

• Aggregate number and class of shares allotted as fully paid up pursuant to contracts without payment being received in cash.
• Aggregate number and class of shares allotted as fully paid up by way of bonus shares.
• Aggregate number and class of shares bought back.