On June 3, 2017 the Business Standard reported that the Securities and Exchange Board of India (Sebi) has established a corporate governance committee mandated to make recommendations to improve corporate governance of Indian listed companies.
“The 21-member panel is to give its report in four months. It will be chaired by Uday Kotak, executive vice-chairman and managing director of Kotak Mahindra Bank. There will be representatives from corporate India, stock exchanges, legal firms, Sebi and proxy advisory firms.”
You may read the article on the Business Standard internet site.