In the light of the SEBI (LODR) Regulations, 2015, answer the following questions : What shall be minimum number of members in a 'Risk Management Committee' (RMC) ?
CS Professional · Environmental, Social and Governance (ESG) Principles and Practice · PYQS · June 2024
In the light of the SEBI (LODR) Regulations, 2015, answer the following questions : What shall be minimum number of members in a 'Risk Management Committee' (RMC) ?
Answer & Explanation:
The Risk Management Committee (RMC) shall have minimum three members with majority of them being members of the Board, including at least one independent director and in the case of a listed entity having outstanding SR Equity Shares, at least 2/3rd of the Committee shall comprise independent directors.
Topics: Corporate Governance
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