MM Ltd has 1,00,000 fully paid-up shares of ₹ 100 each as on 31st March, 2017. The shareholding pattern of the MM Ltd is given below: Shareholding Pattern Number of Shares Shares held by promoter group 19750 Strategic in

CS Professional · Capital Commodity and Money Market · PYQS · December 2017
MM Ltd has 1,00,000 fully paid-up shares of ₹ 100 each as on 31st March, 2017. The shareholding pattern of the MM Ltd is given below: Shareholding Pattern Number of Shares Shares held by promoter group 19750 Strategic investment by the government 500 Independent public companies 10000 Shares held by promoters through ADR 2500 Cross holding of associate companies 125 Employee welfare trusts 1475 Shares under lock-in category 14000 Retail investors 51650 From the above, you are required to (a) Define 'Investible Weigh Factors (IWFS).

Answer & Explanation:

Investible Weight Factors (IWFs) is a unit of floating stock expressed in terms of number available for trading and which is not held by the entities having strategic interest in a company. A higher IWF suggests a greater number of shares held by the investors as reported under the public category within a shareholding pattern reported by each company.

Topics: Capital Market

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