The amendments include reducing compliance and disclosure timelines for board meetings, tax litigations and disputes, and the appointment of board committees. Additionally, the regulator has introduced a single filing system to enable automatic reporting between exchanges and set a threshold for fines or penalties that companies are required to disclose. These changes are part of the regulator's efforts to ease the business environment for listed companies and enhance operational efficiency, based on recommendations from an expert committee chaired by S K Mohanty, a former whole-time member of Sebi.
This story is from the December 16, 2024 edition of Financial Express Bengaluru.
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This story is from the December 16, 2024 edition of Financial Express Bengaluru.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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