Lipi Todi, Anoop Krishna, and Sanjay Mathur Retire as Independent Directors of Finolex Cables
Lipi Todi, Anoop Krishna, and Sanjay Mathur ceased to serve as Additional Directors in the category of Non-Executive Independent Directors on the Board of Finolex Cables Limited, effective November 14, 2024.
ABB India Receives SEBI Warning Over Insider Trading Violations
ABB India disclosed on Friday that it received a warning letter from the Securities and Exchange Board of India (SEBI) concerning violations of insider trading regulations by two employees.
Sagi K. V. Raju Retires as Non-Official Independent Director of SAIL
Sagi Kasi Viswanatha Raju, who served as a non-official Independent Director on the Board of Steel Authority of India Limited (SAIL), retired effective November 15, 2024.
Four Independent Directors of HPCL Retire
Vimla Pradhan, Vivekananda Biswal, Bechan Lal, and Ramdarshan Singh Pal have stepped down as Independent Directors of Hindustan Petroleum Corporation Limited (HPCL) following the completion of their terms, effective November 16, 2024.
Ravi K. Rungta and Dr. C. K. Shivanna Retire as Non-Executive Independent Directors of CPCL
Ravi Kumar Rungta and Dr. C. K. Shivanna have retired as Non-Executive Independent Directors from the Board of Chennai Petroleum Corporation Limited (CPCL), effective November 16, 2024.
Independent Directors Chetan Kankariya and Ram Tiwari Retire From Power Grid Corporation
Chetan Bansilal Kankariya and Ram Naresh Tiwari, Independent Directors of Power Grid Corporation of India Limited, have completed their terms and consequently retired from the Board, effective November 15, 2024.
Jain Irrigation Systems Appoints Satish Mehta As Non-Executive Independent Director
The Board of Directors of Jain Irrigation Systems Limited has appointed Satish C. Mehta as an Additional Non-Executive Independent Director with effect from November 15, 2024.
Ravichandran Perumal Resigns As CFO Of Coromandel Engineering
Ravichandran Perumal has tendered his resignation as Chief Financial Officer-Key Managerial Personnel (CFO-KMP) of Coromandel Engineering Company Limited due to personal reasons with effect from November 15, 2024.
SEBI Report Reveals Companies Paying Over 20% of Profits as Royalties
The Securities and Exchange Board of India (SEBI) recently conducted a study of 233 listed companies from 2014 to FY23.
NFRA Seeks Legal Clarity on ICAI’s Authority to Issue Audit Standards
The Solicitor General of India, in an opinion shared with the National Financial Reporting Authority (NFRA), stated that the Institute of Chartered Accountants of India (ICAI) cannot issue binding audit standards.
