The Securities and Exchange Board of India through corrigendum dated 6th August, 2021 has appointed January 1, 2022 as the date on which Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 shall come into force. The amendment provides that the listed entity shall ensure that approval of shareholders for appointment of a person on the Board of Directors is taken at the next general meeting or within a time period of three months from the date of appointment, whichever is earlier.
Reserve Bank of India (Project Finance) Directions, 2025
The draft guidelines proposed an enabling framework for the regulated entities (REs) for financing project loans, while addressing the underlying risks.