Earlier this year the Securities and Exchange Board of India met and agreed changes to the Equity Listing Agreement in respect of the corporate governance norms for listed companies. These new norms, which are found in Clauses 35B and 49, have now been published: see here (pdf). The revised Clause 49 applies to all listed companies from October 1, 2014.
Thursday, 24 April 2014
India: SEBI publishes new corporate governance norms
Earlier this year the Securities and Exchange Board of India met and agreed changes to the Equity Listing Agreement in respect of the corporate governance norms for listed companies. These new norms, which are found in Clauses 35B and 49, have now been published: see here (pdf). The revised Clause 49 applies to all listed companies from October 1, 2014.
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