Remuneration transparency required for mutual funds: mandated public disclosures on executive and high-earning employee pay and AAUM metrics. AMCs/MFs must publish annually on their website under a separate 'Remuneration' heading: names, designations and remuneration of CEO, CIO and COO (or equivalents); names, designations and remuneration of the top ten employees by remuneration; names, designations and remuneration of every employee meeting specified high-remuneration thresholds; the ratio of CEO remuneration to median employee remuneration; and total, debt and equity AAUM with three-year growth. 'Remuneration' is as defined in the Companies Act and disclosures are required within one month of the financial year end.
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Provisions expressly mentioned in the judgment/order text.
Remuneration transparency required for mutual funds: mandated public disclosures on executive and high-earning employee pay and AAUM metrics.
AMCs/MFs must publish annually on their website under a separate "Remuneration" heading: names, designations and remuneration of CEO, CIO and COO (or equivalents); names, designations and remuneration of the top ten employees by remuneration; names, designations and remuneration of every employee meeting specified high-remuneration thresholds; the ratio of CEO remuneration to median employee remuneration; and total, debt and equity AAUM with three-year growth. "Remuneration" is as defined in the Companies Act and disclosures are required within one month of the financial year end.
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