Obligations with respect to employees including senior management, key managerial personnel, directors and promoters

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....ect to employees including senior management, key managerial personnel, directors and promoters. 62O. (1) A director shall not be a member in more than ten committees or act as chairperson of more than five committees across all listed entities in which he/she is a director which shall be determined as follows: a) for calculating the limit of the committees on which a director may serv....

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.... Senior management shall make disclosures to the board of directors relating to all material, financial and commercial transactions, where they have personal interest that may have a potential conflict with the interest of the HVDLE at large. Explanation: - For the purpose of this sub-regulation, conflict of interest relates to dealing in the shares of listed entity or commercial dealings ....

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.... further that subsisting agreement, if any, as on the date of coming into force of this sub-regulation shall be placed for approval before the board of directors in the forthcoming Board meeting: Provided further that if the board of directors approve such agreement, the same shall be placed before the public shareholders for approval by way of an ordinary resolution in the forthcoming general ....