<s>[INST] What is the meaning of substantial interest? [/INST] ​​A person is deemed to have a substantial interest in concern if he (or along with 'interested persons' as mentioned above) at any time during the previous year:

​Holds at least 20% of equity share capital, in case of a company; or
Entitled to at least 20% of profits in the case of any other concern.​ </s>