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Amendments to Clause 49 of the Listing Agreement
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....am, Amendments to Clause 49 of the Listing Agreement Please refer to our circular vide SMDRP/POLICY/CIR-42/2000 dated September 12, 2000 on Clause 49 of the Listing Agreement on Corporate Governance advising that "Except in the case of government companies, institutional directors on the boards of companies should be considered as independent directors whether the institution is an investin....