India's market regualtor eases up and says companies may voluntarily separate roles chairperson and managing director/chief executive officer. More on that story in our top headlines.
Sebi makes separation of Chairman, MD posts voluntary
Sebi makes separation of Chairman, MD posts voluntary
The Securities and Exchange Board of India (Sebi) on Tuesday made it voluntary for India Inc to have a separate chairperson and managing director (MD)/chief executive officer (CEO). The move comes weeks ahead of the April 1, 2022 deadline by which the top 500 listed companies by market value had to install two separate, and unrelated, persons as chairman and MD/CEO. Read