Board evaluation disclosures should report current and prior observations with actions, and governance for large subsidiary groups. Listed entities must enhance board evaluation disclosures to state current observations, prior-year observations and actions taken, and proposed actions; where there are many unlisted subsidiaries, entities may monitor governance through a dedicated group governance unit or Governance Committee and adopt a group governance policy at the board's discretion; entities are encouraged to disclose medium and long term strategy in the Management Discussion and Analysis and to set long term metrics; clause 4.4 of the earlier SEBI circular dated May 27, 2016 is deleted.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Board evaluation disclosures should report current and prior observations with actions, and governance for large subsidiary groups.
Listed entities must enhance board evaluation disclosures to state current observations, prior-year observations and actions taken, and proposed actions; where there are many unlisted subsidiaries, entities may monitor governance through a dedicated group governance unit or Governance Committee and adopt a group governance policy at the board's discretion; entities are encouraged to disclose medium and long term strategy in the Management Discussion and Analysis and to set long term metrics; clause 4.4 of the earlier SEBI circular dated May 27, 2016 is deleted.
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