Podcast
Questions and Answers
Who can be considered part of the dominant promoter group for an unlisted corporate trading member?
Who can be considered part of the dominant promoter group for an unlisted corporate trading member?
- A neighbor of the corporate trading member
- A person who has no relation to the trading member
- A random individual from the same city as the trading member
- A person holding 51% of shares in the trading member on his own (correct)
Which of the following is NOT a condition under which a corporate trading member can constitute a dominant promoter group?
Which of the following is NOT a condition under which a corporate trading member can constitute a dominant promoter group?
- Having support from strategic investors
- Being a bank shareholder (correct)
- Holding 51% shares in the trading member on their own
- Having personal ties with industry investors
What is the role of strategic investors in constituting a dominant promoter group?
What is the role of strategic investors in constituting a dominant promoter group?
- They solely control the trading member
- They are required to hold 51% shares
- They have no influence in this process
- They add value and assist in raising additional capital (correct)
Which individuals can be considered part of the dominant promoter group alongside a person holding 51% shares?
Which individuals can be considered part of the dominant promoter group alongside a person holding 51% shares?
What is the significance of the 51% shareholding in constituting a dominant promoter group?
What is the significance of the 51% shareholding in constituting a dominant promoter group?
Which of the following is NOT a type of entity mentioned as part of the norms relating to dominant promoters?
Which of the following is NOT a type of entity mentioned as part of the norms relating to dominant promoters?
Who can be identified as the dominant promoter group for a listed corporate trading member?
Who can be identified as the dominant promoter group for a listed corporate trading member?
When can a corporate shareholder be identified as a dominant shareholder of a corporate trading member?
When can a corporate shareholder be identified as a dominant shareholder of a corporate trading member?
What is required for a corporate trading member to constitute a dominant promoter group?
What is required for a corporate trading member to constitute a dominant promoter group?
In what cases can the dominant promoter group consist of more than one corporate shareholder?
In what cases can the dominant promoter group consist of more than one corporate shareholder?
What action should a corporate shareholder take to be considered part of the Dominant Promoter Group (DPG) for a corporate trading member?
What action should a corporate shareholder take to be considered part of the Dominant Promoter Group (DPG) for a corporate trading member?
What is the minimum percentage of controlling stake that a promoting foreign entity must hold in the applicant company for trading membership?
What is the minimum percentage of controlling stake that a promoting foreign entity must hold in the applicant company for trading membership?
Which of the following does 'control' refer to in the context of the dominant promoter group?
Which of the following does 'control' refer to in the context of the dominant promoter group?
What is the minimum net worth required for the entity having controlling stake in the applicant company or the promoting foreign entity?
What is the minimum net worth required for the entity having controlling stake in the applicant company or the promoting foreign entity?
Under what conditions are corporate trading members allowed to change their shareholding pattern?
Under what conditions are corporate trading members allowed to change their shareholding pattern?
Who has to approve any changes in the shareholding pattern of corporate trading members?
Who has to approve any changes in the shareholding pattern of corporate trading members?
What must be maintained by an identified Dominant Promoter Group (DPG) throughout its association with the Exchange?
What must be maintained by an identified Dominant Promoter Group (DPG) throughout its association with the Exchange?
