Question

According to SEBI(D

  • P Regulations, 2018 No person shall, directly or indirectly, acquire or hold equity shares or voting rights of a  depository unless he is a fit and proper person. This requirement is not applicable to :
A a person who directly or indirectly, acquires or holds less than five percent equity shares or voting rights of such listed depository
B a person who directly or indirectly, acquires or holds less than two percent equity shares or voting rights of such listed depository
C a person who directly or indirectly, acquires or holds less than fifteen percent equity shares or voting rights of such listed depository
D a person who directly or indirectly, acquires or holds less than ten percent equity shares or voting rights of such listed depository
E a person who directly or indirectly, acquires or holds less than one percent equity shares or voting rights of such listed depository
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