General Studies · Corporate Governance

In the light of the recommendations made by the Kumar Mangalam Birla Committee on Corporate Governance, which of the following is a primary outcome for listed entities?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1All directors of listed firms will have to be re-elected on an annual basis.
2Listed companies will be compulsorily divided into only two distinct operational sizes.
3Foreign companies will be allowed automatic listing on Indian stock exchanges without SEBI approval.
4Existing company boards will have to be restructured to include optimum combination of executive and non-executive directors.✓

Correct answer

Existing company boards will have to be restructured to include optimum combination of executive and non-executive directors.

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