The Hub April, 2024, monthly e-newsletter from Independent Directors’ Databank provides you a broad view of developments happening around Regulatory framework, Corporate world among other updates. 

The featured stories in various sections cover regulatory updates, governance practices and experience sharing by Independent Directors.

In the wake of corporate scandals, a global pandemic and an uncertain economic and social recovery, all eyes are firmly on the board. Beyond regulation and compliance, board members must be able to detect risk and opportunity like never before. Amid greater accountability and governance reforms, boards have to be more flexible, more agile and more responsive.

Setting in the Hub – April, 2024 issue highlights “THE GREAT BOARD REBOOT” a survey report from Financial Times.

Vignettes showcase an article by Ashok Haldia, Chairman IIPA of ICAI titled BRSR: SEBI should make reporting of Scope 3 emissions mandatory for top 1,000 listed firms.

Regulatory Worktop shares the key updates about, a) SEBI mandates registration of index providers under regulatory fold, b) MCA notifies changes in competition law related to M&As, c) CCI frames regulations on turnover determination, commitment and settlement mechanisms, and d) SEBI Consultation paper for audio-visual representation of disclosures made in Public Issue Offer Documents.

Regulators Eye focus on the key updates relating to a) Shareholders Activism in Religare reflected on rejection of Management’s proposals, b) Startups looking to reverse-flip must pay tax: Piyush Goyal, c) Optional T+0 settlement to kick off with 25 large-cap stocks, d) India’s new EV policy to set stage for TATA vs Tesla on Indian Roads and e) Startups should cultivate a spirit of custodianship.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers Director’s Certification – Master Class | IICA | 30 May – 1 June, 2024 and Certification Program on Diversity, Equity & Inclusion | FICCI | April 12, 2024.

Global Events, suggested are Chairing Effective Meetings | Governance Professionals of Canada | April 17, 2024 and Leadership Team Alignment: From Conflicts to Collaboration | INSEAD | April 23, 2024.