Other corporate governance requirements.
(2)(a) The listed entity shall submit a quarterly compliance report on corporate governance in the as specified by the Board from time to time to the recognised stock exchange(s) within fifteen days from close of the quarter.
(b) Details of all material transactions with related parties shall be disclosed along with the report mentioned in clause (a) of sub-regulation (2).
(c)The report mentioned in clause (a) of sub-regulation (2) shall be signed either by the compliance officer or the chief executive officer of the listed entity.
SEBI Circular CIR/CFD/CMD/ 5 /2015 dated 24/09/2015
LODR – SCHEDULE II Part E
PART E: DISCRETIONARY REQUIREMENTS
[See Regulation 27(1)]
A. The Board
A non-executive chairperson may be entitled to maintain a chairperson’s office at the listed entity’s expense and also allowed reimbursement of expenses incurred in performance of his duties.
B. Shareholder Rights
A half-yearly declaration of financial performance including summary of the significant events in last six-months, may be sent to each household of shareholders.
C. Modified opinion(s) in audit report
The listed entity may move towards a regime of financial statements with unmodified audit opinion.
D. Separate posts of chairperson and chief executive officer
The listed entity may appoint separate persons to the post of chairperson and managing director or chief executive officer.
E. Reporting of internal auditor
The internal auditor may report directly to the audit committee.