9911796707
TMI BlogRisk Management Committee.X X X X Extracts X X X X X X X X Extracts X X X X ..... nagement Committee shall have minimum three members with majority of them being members of the board of directors, including at least one independent director and in case of a listed entity having outstanding SR equity shares, at least two thirds of the Risk Management Committee shall comprise independent directors.] (3) The Chairperson of the Risk management committee shall be a member of the bo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the committee and such other functions as it may deem fit 2[such function shall specifically cover cyber security]. 8[Provided that the role and responsibilities of the Risk Management Committee shall mandatorily include the performance of functions specified in Part D of Schedule II.] 11[(5) The provisions of this regulation shall be applicable to: i. the top 1000 listed entities 13[****]; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... isk Management Committee shall consist of members of the board of directors 4[and in case of a listed entity having outstanding SR equity shares, at least two thirds of the Risk Management Committee shall comprise of independent directors]." 6. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/22 dated 05-05-2021 before it was read as "once" 7. Inserted vide Notification No ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itted vide Notification No. SEBI/LAD-NRO/GN/2024/177 dated 17-05-2024 w.e.f. 31-12-2024 before it was read as,
", determined on the basis of market capitalization as at the end of the immediate preceding financial year"
14.
Inserted vide Notification No. SEBI/LAD-NRO/GN/2024/218 dated 12-12-2024 w.e.f. 12-12-2024
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