April 23, 2021

24X7 News Guru

The Real Time News

‘Separation of CMD roles won’t weaken promoters’ position’

Capital markets regulator Sebi chief Ajay Tyagi on Tuesday said the new framework to split the roles of chairman and managing director is not aimed at weakening the position of promoters, rather it is a move aimed at improving corporate governance structure of listed companies....

Capital markets regulator Sebi chief Ajay Tyagi on Tuesday said the new framework to split the roles of chairman and managing director is not aimed at weakening the position of promoters, rather it is a move aimed at improving corporate governance structure of listed companies.

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