PTS Ltd. is forming part of top 1000 listed entities. Being the company secretary of the company, advise on the following issues: Can the minimum directors of the company be five?
CS Executive · Securities Laws and Capital Markets · PYQS · December 2024
PTS Ltd. is forming part of top 1000 listed entities. Being the company secretary of the company, advise on the following issues: Can the minimum directors of the company be five?
Answer & Explanation:
The board of directors of the top 1000 listed entities with effect from April 1, 2019 shall comprise of not less than six directors. [Regulation 17(1)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015]
Topics: Listing Obligations
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