SEBI has issued an interpretive letter under the SEBI (Informal Guidance) Scheme, 2025 in response to a query from Maithan Alloys Ltd., clarifying the interpretation of Regulation 16(1)(b)(iii) of the SEBI (LODR) Regulations, 2015 relating to the criteria for determining independence of directors.
SEBI(Informal Guidance) Scheme, 2025 received from Maithan Alloys Ltd. seeking interpretation of the provisions of Regulation 16(1)(b)(iii)of SEBI (LODR) Regulations, 2015
