Splitting chairman, MD roles voluntary

The Securities and Exchange Board of India (Sebi) won't insist on separation of the roles of chairperson and managing director/chief executive officer (MD/CEO), saying that this will be on a "voluntary basis." The announcement followed the customary board meeting that takes place after the budget. Companies had opposed the rule.

from Stocks-Markets-Economic Times https://ift.tt/kbGAmfR
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