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Sebi Directive on 'Minimum Info' Laughable: Damodaran

Financial Express Kochi

|

March 06, 2025

Sebi's recent directive on minimum information has many inconsistencies and is "laughable," its former chairman M Damodaran said.

CAPITAL MARKETS REGULATOR

Addressing an event organised by the Institute of Internal Auditors in Mumbai on Wednesday, Damodaran said there will not be good governance in companies if there are prescriptive arrangements, and advocated that such practices come from within.

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