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India Inc is staring at significantly higher compliance and governance costs, following the Securities and Exchange Board of India s (Sebi s) latest tightening of disclosure norms and regulations around the filling of key positions, the materiality of information, and third-party transfers.
Recently, the securities market regulator amended the Listing Obligations and Disclosure Requirements (LODR) to introduce a raft of changes that will affect how listed companies go about transparency and disclosures.
The new framework will further empower public shareholders and soon move towards a comply or be penalised regime or comply or explain in the case of high-value debt-listed entities.
Hamdard is envisaging to develop its Hamdard Food Park Cluster (HFPC) to manufacture some of its core Foods categories on approximately 10 acres of land at MET City.
The Hamdard Group has signed a definitive agreement with the Reliance Model Economic Township (MET) City to build the Hamdard Food Park Cluster (HFPC) at Jhajjar in Haryana
Model Economic Township Limited, a subsidiary of Reliance Industries Limited (RIL) on Thursday said that it is developing a Greenfield Smart city Near Gurugram and announced the signing of a definitive agreement with Hamdard Group for setting up a world-class manufacturing facility at the city.