Fine structure for non-compliance with the requirement of Clause 49(II)(A)(1) of Listing Agreement

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....ent 1. SEBI, vide Circular No. CIR/CFD/POLICY CELL/2/2014 dated April 17, 2014, amended the provisions of Clause 49 of Listing Agreement relating to Corporate Governance, mandating, inter-alia, that the Board of Directors of listed entities shall have an optimum combination of executive and non-executive directors with at least one woman director. Further, vide Circular No. CIR/CFD/POLICY CELL/7/....

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.... between April 1, 2015 and June 30, 2015 ₹ 50,000/- Listed entities complying between July 1, 2015 and September 30, 2015 ₹50,000 + ₹1000/- per day w.e.f. July 1, 2015 till the date of compliance Listed entities complying on or after October 1, 2015 ₹1,42,000/- + ₹5000/- per day from October 1, 2015 till the date of compliance 3. For any non-compliance beyond Se....