https://www.taxtmi.com/acts?id=50433 Directors of entities with listed non convertible debt securities are subject to caps: a person may be a director in up to seven listed entities and serve as an independent director in up to seven, while a whole time or managing director may serve as an independent director in not more than three. The count aggregates equity listed entities and high value debt listed entities, excludes ex officio public sector and PPP statutory/contractual directorships, and must be complied with within six months of the amendment's Gazette publication or by the next AGM, whichever is later. en-us Fri, 28 Mar 2025 17:23:35 +0530 Fri, 28 Mar 2025 17:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50433 Directors of entities with listed non convertible debt securities are subject to caps: a person may be a director in up to seven listed entities and serve as an independent director in up to seven, while a whole time or managing director may serve as an independent director in not more than three. The count aggregates equity listed entities and high value debt listed entities, excludes ex officio public sector and PPP statutory/contractual directorships, and must be complied with within six months of the amendment's Gazette publication or by the next AGM, whichever is later. Act-Rules SEBI Fri, 28 Mar 2025 17:23:35 +0530 https://www.taxtmi.com/acts?id=50433