“Through a circular dated April 17, 2014, the Securities and Exchange Board of India (SEBI) released amendments to Clause 49 of the Equity Listing Agreement. The revised Clause 49 updates and aligns the Listing Agreement with corporate governance changes bought out in the Companies Act, 2013. There are also certain changes which are stricter than that mandated in the new Companies Act, 2013.”
On May 8, 2014 Ingovern published a report which lists the provisions of the new Clause 49 of the Listing Agreement.
You can download the report on the Ingovern internet site.