RBI Approves Federal Bank’s Appointment of AP Hota as Part-Time Chairman
The Federal Bank has announced that AP Hota has been approved by the Reserve Bank of India (RBI) to serve as the part-time chairman of the private sector bank. In a regulatory filing, the bank stated that the RBI granted its approval on June 26, 2023.
Mukundan C. P Menon Appointed as Executive Director of Voltas Ltd
Voltas Ltd Appointed Mukundan C. P Menon as Executive Director on 26th June 2023.
SEBI’s Compliance Rules for REITs and InvITs Unveiled
The Securities and Exchange Board of India (Sebi), the capital markets regulator, has introduced disclosure formats for compliance reports on governance and annual secretarial requirements for emerging investment vehicles such as infrastructure investment trusts (InvITs) and real estate infrastructu
Swaminathan Janakiraman resigns from all his positions at SBI
State Bank Of India’s one of the Board Member Swaminathan Janakiraman has resigned from all his post on 26th June 2023. He has resigned from SBI as he has been appointed as the Dy Governor of RBI.
Dish TV India Ltd appointed Veerender Gupta as Whole Time Director
Veerender Gupta was appointed as the Whole Time Director of Dish TV India Ltd on 26th June 2023.
Hindustan Unilever Ltd announced the resignation of ID Ashish Gupta
Ashish Gupta the Independent Director of Hindustan Unilever Ltd has resigned from his post on 26th June 2023.
SBI announces change in it’s Board Of Directors
State Bank of India announces the Change in its Board of Directors on 26th June 2023.
A MCA should develop a policy for reviewing mature start-ups to ensure compliance with corporate governance : Ajay Tyagi
Following the fiasco involving edtech major Byju's, former SEBI Chairman Ajay Tyagi made a strong recommendation that the MCA step in to put in place a codified review of the mechanism on the corporate governance compliances of certain mature start-ups.
Prakash A Mody Reappointed as Chairman and MD of Unichem Laboratories Ltd
Unichem Laboratories Ltd announced the reappointment of Prakash A Mody as Chairman and Managing Director of the company on June 26, 2023.
Byju’s Board members resigned after shareholding fell below minimum threshold
Soon after representatives from Peak XV Partners , Prosus and the Chan Zuckerberg Initiative confirmed their departures from Byju's board, the edtech firm issued a statement saying it has been in 'constructive discussions' with investors on board reconstitution, including the induction of independen
