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Associate in the General Corporate practice at the Mumbai office of Cyril Amarchand Mangaldas. Priya has graduated from Gujarat National Law University in 2020. Her experience includes advising on general corporate matters. She can be reached at


The Securities Exchange Board of India (“SEBI”), in its board meeting dated February 15, 2022, announced the decision to appoint separate Chairperson/ Chairman and Managing Director in the top 500 listed companies as voluntary. This decision comes ahead of the April 01, 2022, deadline, to mandatorily split the roles of Chairperson and Managing Directors (“MD”)/ Chief Executive Officer (“CEO”), against the backdrop of a mere 4% incremental improvement in compliance by top 500 listed companies.[1]Continue Reading SEBI relaxes separation of roles of Chairperson and CEO – A blessing in disguise?