Three independent directors have resigned since November 22 amid allegations of mis-governance at the company. Independent directors Jayant Gokhale and Devendra Saksena resigned on December 2 while Sushama Nath resigned on November 22 after the release of the audit report earlier in the month.
Sebi proposes separate master circular for clearing corporations
The Securities and Exchange Board of India (Sebi) is set to refine regulations for stock exchanges and clearing corporations. There will be a distinct master