Kotak panel on corporate governance to submit report by Sept-end: Sebi

Market regulator set up the 21-member committee on June 2

Sebi chairman Ajay Tyagi on Wednesday said the Uday Kotak committee on corporate governance is expected to submit its report by month-end.

The markets watchdog Sebi had set up the 21-member panel on June 2 this year to advise it on issues relating to corporate governance. It includes representatives from companies, stock exchanges, professional bodies, investor groups, law firms, academicians, research professionals and Sebi officials.

"We feel much needs to be done on corporate governance. We are very serious that issues that enhance participation of minority shareholders and protect their rights, independence of independent directors and their active participation are in place.