Corporate governance reforms: mandatory e-voting and strengthened board, audit and disclosure obligations for listed companies. Issuers must provide an e-voting facility for all shareholder resolutions and reference the e-voting platform link in notices; Clause 49 mandates principle-based corporate governance reforms including shareholder rights and disclosures, board composition and independent director criteria, standing committees (Audit, Nomination and Remuneration, Risk Management), mandatory Audit Committee review and powers, formal policies and approvals for related party transactions with material ones subject to shareholder special resolution, CEO/CFO certification of financial statements and internal controls, quarterly compliance reporting to exchanges, and auditor or company secretary certification of governance compliance.
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Corporate governance reforms: mandatory e-voting and strengthened board, audit and disclosure obligations for listed companies.
Issuers must provide an e-voting facility for all shareholder resolutions and reference the e-voting platform link in notices; Clause 49 mandates principle-based corporate governance reforms including shareholder rights and disclosures, board composition and independent director criteria, standing committees (Audit, Nomination and Remuneration, Risk Management), mandatory Audit Committee review and powers, formal policies and approvals for related party transactions with material ones subject to shareholder special resolution, CEO/CFO certification of financial statements and internal controls, quarterly compliance reporting to exchanges, and auditor or company secretary certification of governance compliance.
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