State the relevant provisions in each of the following situations as per to the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) [SEBI (LODR)] (Third Amendment) Regulations, 2021 vide

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2023
State the relevant provisions in each of the following situations as per to the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) [SEBI (LODR)] (Third Amendment) Regulations, 2021 vide SEBI notification dated 31st August 2021 effective from 1st January 2022. (iii) Approval required for the appointment, re-appointment or removal of an independent director of a listed entity.

Answer & Explanation:

The appointment, re-appointment or removal of an independent director of a listed entity, shall be subject to the approval of shareholders by way of a special resolution. [Regulation 25(2A)] - New Insertion.

Topics: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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