https://www.taxtmi.com/acts?id=33758 The regulation mandates board composition for recognised stock exchanges and clearing corporations, requiring inclusion of non-independent directors, public interest directors, the managing director and executive directors, with employees treated as non-independent. The chairperson must be elected from public interest directors; public interest directors must be at least equal in number to non-independent directors for composition and quorum. Voting requires more public interest director votes than non-independent director votes, the chairperson has the casting vote, and trading/clearing members and certain associates are barred from board membership subject to limited exceptions. en-us Mon, 24 Dec 2018 10:54:21 +0530 Mon, 24 Nov 2025 13:17:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33758 The regulation mandates board composition for recognised stock exchanges and clearing corporations, requiring inclusion of non-independent directors, public interest directors, the managing director and executive directors, with employees treated as non-independent. The chairperson must be elected from public interest directors; public interest directors must be at least equal in number to non-independent directors for composition and quorum. Voting requires more public interest director votes than non-independent director votes, the chairperson has the casting vote, and trading/clearing members and certain associates are barred from board membership subject to limited exceptions. Act-Rules SEBI Mon, 24 Dec 2018 10:54:21 +0530 https://www.taxtmi.com/acts?id=33758