Obligations with respect to employees including senior management, key managerial personnel, directors and promoters

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..... ich a director may serve in all public limited companies, whether listed or not, shall be included and all other companies including private limited companies, foreign companies 6[, 'high value debt listed entities'] and companies under Section 8 of the Companies Act, 2013 shall be excluded; (b) for the purpose of determination of limit, chairpersonship and membership of the audit committee and the Stakeholders' Relationship Committee alone shall be considered. (2) Every director shall inform the listed entity about the committee positions he or she occupies in other listed entities and notify changes as and when they take place. (3) All members of the board of directors and senior management personnel shall affirm compliance with t .....

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..... eholders for approval by way of an ordinary resolution in the 11[first general meeting held after listing and all interested persons involved in the transaction covered under the agreement shall abstain from voting in the general meeting]: 12[****] Explanation - For the purposes of this sub-regulation, 'interested person' shall mean any person holding voting rights in the listed entity and who is in any manner, whether directly or indirectly, interested in an agreement or proposed agreement, entered into or to be entered into by such a person or by any employee or key managerial personnel or director or promoter of such listed entity with any shareholder or any other third party with respect to compensation or profit sharing in connection .....

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..... ulation, shall be disclosed to the stock exchanges for public dissemination:" 9. Substituted vide Notification No. SEBI/LAD-NRO/GN/2024/218 dated 12-12-2024 w.e.f. 12-12-2024 before it was read as, "subsisting agreement, if any, as on the date of coming into force of this sub-regulation" 10. Omitted vide Notification No. SEBI/LAD-NRO/GN/2024/218 dated 12-12-2024 w.e.f. 12-12-2024 before it was read as, "in the forthcoming Board meeting" 11. Substituted vide Notification No. SEBI/LAD-NRO/GN/2024/218 dated 12-12-2024 w.e.f. 12-12-2024 before it was read as, "forthcoming general meeting" 12. Omitted vide Notification No. SEBI/LAD-NRO/GN/2024/218 dated 12-12-2024 w.e.f. 12-12-2024 before it .....

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