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Sebi Listing Agreement Clause 49 Pdf

Sebi Listing Agreement Clause 49 Pdf

Article 49 of the SEBI Guidelines on Corporate Governance, as amended on 29 October 2004, made substantial changes to the definition of independent directors, strengthened the responsibilities of audit committees, improved the quality of financial information, including that relating to transactions with companies and related persons and the proceeds of preferential rights/emissions, and urges boards to: adopt a formal code of conduct. certification of financial statements by the CEO/CFO and improved disclosure to shareholders. Some non-mandatory clauses, such as the whistleblower policy and the term limits of independent directors, have also been included. .

2021-10-06T18:05:42+00:00