Fine structure for non-compliance with the requirement of Clause 49(II)(A)(1) of Listing Agreement

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..... ompliance with the requirement of Clause 49(II)(A)(1) of Listing Agreement 1. SEBI, vide Circular No. CIR/CFD/POLICY CELL/2/2014 dated April 17, 2014, amended the provisions of Clause 49 of Listing Agreement relating to Corporate Governance, mandating, inter-alia, that the Board of Directors of listed entities shall have an optimum combination of executive and non-executive directors with at l .....

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..... ng Agreement: Compliance Status Fine Structure Listed entities complying between April 1, 2015 and June 30, 2015 ₹ 50,000/- Listed entities complying between July 1, 2015 and September 30, 2015 ₹50,000 + ₹1000/- per day w.e.f. July 1, 2015 till the date of compliance .....

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..... nt of, and to regulate the securities market and shall come into effect immediately. 5. This Circular is also available on SEBI website at www.sebi.gov.in. Yours faithfully, Harini Balaji Deputy General Manager email: [email protected] - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - .....

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