The regulator noted that proxy advisors, over the past few years, have played a key role in enabling shareholders to effectively participate in corporate governance decisions
Companies and shareholders across Asia have been taking advantage of a market rebound since late March to sell shares
This will make it tough for many of them to service their fixed costs, such salary and wages, as well as interest on their loan.
Among the 247 actively traded scrips, 17 have shed more than 50 per cent this calendar year. About 40 per cent have slid more than the Sensex, which is down 23 per cent year-to-date
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Market regulator SEBI has to submit a report to the Finance Ministry on the current Budget proposal to consider raising the current threshold of 25% to 35%
The key areas required to be reported by the entities include environment, social, governance and stakeholder relationships
The tribunal had also pointed out that SEBI has no authority to look into the quality of audit and auditing services
The NSE delisted 100-odd companies in the past one year