Sebi tightens norms on independent directors

In an attempt to give more power to non-promoting shareholders in a company, markets regulator Sebi on Tuesday said that two-thirds of the members of the nomination & remuneration committee (NRC) and the audit committee (AC) of the board of a listed company should be independent directors. Currently, rules say that a majority of the members of these two important committees of the board should be independent directors.

from Times of India https://timesofindia.indiatimes.com/business/india-business/sebi-tightens-norms-on-independent-directors/articleshow/83973741.cms