Deputy General Manager
Market Regulation Department
Email: sundaresanvs@sebi.gov.in
Tel: 2284 5355 Fax: 2284 5761
SEBI/MRD/SE/31/2003/26/08
August 26, 2003
The Executive Directors/Managing Director/Administrators Of All the Stock Exchanges
The Executive Directors/Managing Director/Administrators
Of All the Stock Exchanges
Dear Sir/Madam,
Sub: Corporate Governance in listed Companies – Clause 49 of the Listing Agreement
Sr. no.
Reference no.
Subject
Date
SMDRP/POLICY/CIR-10/2000
Clause 49
February 21,2000
SMDRP/POLICY/CIR-13/2000
Applicability of Clause 49
March 09, 2000
SMDRP/POLICY/CIR-42/2000
Amendments to Clause 49
September12, 2000
4.
SMDRP/POLICY/ CIR- 03/01
Enforcement of Corporate Governance
January 22, 2001
5.
SMDRP/POLICY/ CIR- 19/01
March 16,2001
6.
SMDRP/POLICY/ CIR- 53/01
December 31,2001
b) By all companies which were required to comply with the requirement of the clause 49 which is proposed to be revised i.e. all listed entities having a paid up share capital of Rs 3 crores and above or net worth of Rs 25 crores or more at any time in the history of the company. The companies shall be required to comply with the requirement of the clause on or before March 31, 2004.
Yours faithfully
Sd/-
V S SUNDARESAN
Encl: Annexure I 1A 1B IC