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FORM 4 LISTING AGREEMENT IN CONSIDERATION of the listing of the securities referred to in the Issuers Listing Statement or in consideration of the subsequent listing of all other securities, the undersigned (hereinafter
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Clause 49 of form refers to a specific regulatory requirement in corporate governance that outlines the disclosure norms for listed companies, particularly concerning the structure and functioning of the Board of Directors and its committees.
Listed companies in India are required to file clause 49 of form as part of their compliance with the regulations set forth by the Securities and Exchange Board of India (SEBI).
To fill out clause 49 of form, companies need to provide detailed information about their corporate governance practices, including the composition of the board, audit committee details, and adherence to necessary protocols for shareholder meetings and disclosures.
The purpose of clause 49 of form is to enhance corporate governance standards among listed companies, ensuring transparency, accountability, and protection of investor interests through structured reporting of governance practices.
Information to be reported includes details about the board of directors, their qualifications, independence, number of meetings held, audit committee composition, risk management practices, and the company's compliance with disclosure requirements.
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