Separation of roles of chairperson and MD made voluntary: Sebi

Separation of roles of chairperson and MD made voluntary: Sebi

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The decision was taken at a Sebi board meet on Tuesday

Topics

SEBI



BS Web Team  | 
New Delhi 




Securities and Exchange Board of India on Tuesday changed requirement for listed companies to separate roles of chairperson and MD/CEO to voluntary from mandatory.


The decision was taken at a board meet on Tuesday.





had asked listed entities to split the roles of chairperson and managing director before the April 2022 deadline.


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First Published: Tue, February 15 2022. 16:14 IST



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