SEBI may keep independent director workshops voluntary
In short
SEBI may keep independent director workshops voluntary. The first programme was earlier planned for October, but it may now happen after Diwali.
BCAS, NISM and the exchanges are working on the framework. The report does not say when the final plan will be announced or how strict it will be.
What the reporting says
SEBI may keep independent director workshops voluntary, with the first programme, earlier planned for October, likely after Diwali. The reporting says BCAS, NISM and exchanges are working on the framework. The immediate consequence is that the rollout appears delayed and the final structure is still being worked out.
Why it matters
SEBI may keep independent director workshops voluntary, and the first programme that was earlier planned for October is now likely after Diwali. The reporting says BCAS, NISM and exchanges are working on the framework. The source does not give the final rule or whether SEBI has made a final decision, so the timing and mandatory status remain uncertain.