You are the Company Secretary of XYZ Ltd, which has recently listed on Bombay and National Stock Exchanges. The CEO of the company is eager to know the applicability of various corporate governance provisions as per SEBI

With reference to corporate governance provisions under SEBI (LODR) Regulations, 2015, the following conditions apply to a listed company: (i) Maximum age of non-executive directors: No listed entity shall appoint a person or continue the directorship of any person as a non-executive director who has attained the age of 75 years unless a special resolution is passed to that effect, in which case the explanatory statement annexed to the notice for such motion shall indicate the justification for appointing such a person.