Thursday, November 15, 2012

PUT SHAREHOLDING AND EXECUTIVE PAY INFO ON WEBSITES: MCA

The Ministry of Corporate Affairs (MCA) has suggested to companies that they disclose details
of executive pay and shareholding patterns of promoters on their websites. The ministry's
guidelines for voluntary disclosure on companies' websites are aimed at improving corporate
governance practices and spreading awareness among investors. They also require companies
to provide details about share transactions by their directors and relatives on their websites.

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