E-voting mandatory for top 500 listed cos: Sebi

Market regulator Sebi today decided to make it mandatory for top 500 listed companies to facilitate e-voting, making it easier for shareholders to participate in key decisions without being physically present in the meetings.

 

     

"In line with the budget proposal...to make it mandatory for top-listed

SEBI puts up mechanism to check qualified audit reports

Market regulator, SEBI, has put in place a mechanism to scrutinize the qualified audit reports to ensure more transparency in the process. In the last couple of years many companies submitted audit qualifications and got away easily, but now, SEBI will scrutinize these reports through a qualified audit report review committee, which will have members from the ICAI and stock exchanges, reports Sajeet Manghat of CNBC-TV18.

Under this process the listed companies will now have to submit their audit report in two forms, Form A and Form B depending upon the qualifications in the audit report

Sebi makes it simpler for promoters to dilute stake; announces new share auction mechanism

The Securities and Exchange Board of India, or Sebi, has made it easier for promoters of listed companies to dilute their stake and comply with public holding rules by next year.

Private sector companies as well as state-owned corporations must have a minimum public holding of 25% by August 2013. Till now,