Thursday 13 February 2014

India: SEBI approves new corporate governance norms for listed companies

The Securities and Exchange Board of India met today and agreed changes to the Listing Agreement in respect of the corporate governance norms for listed companies. The proposed amendments take effect on 1 October this year. A summary is available here. The changes include an expanded role for the audit committee and the requirement for all boards to have at least one female director.

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