The companies are required to disclose shares held by each shareholder holding more than ____________shares specifying the number of shares held Schedule III of the Companies Act 2013.

5%

The correct answer is option 4- 5%.

In order to bring clarity regarding the identity of ultimate owners of the company, the companies are required to disclose following as per the Schedule III of the Companies Act 2013.
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.