Some of the key highlights are as follows:
1] Appointment of Woman Director made applicable effective 1st April, 2015
2] Maximum tenure of Independent Directors to be in accordance with Companies Act, 2013
3] Need for Familiarisation Programme for Independent Directors
4] Chairperson of the Company can become member of the Nomination and Remuneration Committee but shall not chair the same
5] Condition on disposal of shares by a Company to its material subsidiary
6] Constitution of Risk Management Committee
7] Amendments in Related Party Transaction clause
The circular may be read by clicking on the following link