01 March 2000
Clause 49 of the Listing Agreement is an Annexure that directs business to improve their corporate governance norms in line with international standards.
Relevance to investor:Improved corporate governance and declaration practices. This also mandates a minimum threshold for businesses that investors are assured of.
Predecessor policies / frameworks:SEBI (Issue Of Capital And Disclosure Requirements) Regulations, 2009
Objectives:Codify new corporate governance norms
Institution behind the policy / framework:Securities and Exchange Board of India (SEBI), GoI
Components of the policy / framework:Key Mandatory provisions are as follows-
Key Non-mandatory provisions include the following:
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