Companies Act 2016 · Updated to 31 Jan 2025 · Part III · Management of Company
136. Substantial shareholdings and substantial shareholders
Feedback & supportFor the purposes of this Subdivision, a person has a substantial shareholding in a company—
if the person has an interest in one or more voting shares in the company and the number or the aggregate number of such shares is not less than five per centum of the total number of all the voting shares included in the company; or
being a company the share capital of which is divided into—
two or more classes of the shares, if the person has an interest in one or more voting shares include in one of those classes; and
the number or the aggregate number of such shares is not less than five per centum of the aggregate number of the total number of all the voting shares included in that class of shares.
A person who has a substantial shareholding in a company is a substantial shareholder in such company.