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GATEKEEPERS OF GOVERNANCE

The Companies Act, 2013 has a number of statutory provisions which directly impact on Corporate Governance. Securities and Exchange Board of India (SEBI) through its Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 has further raised the bar. The legitimate expectation levels of stakeholders in regard to Corporate Governance have significantly increased and are being articulated. Read More

EXCELLENCE ENABLERS PVT. LTD.

Excellence Enablers seeks to bridge the gap between potential and performance in individuals by providing mentoring and coaching. For organizations, the customized offerings would include support in the form of improving Board performance, with inputs ranging from advising on Board composition to carrying out Board evaluation. Read More

KNOWLEDGE CENTRE

Are Governance Standards in PSUs Truly Different — or Just Differently Enforced?
Blog

Are Governance Standards in PSUs Truly Different — or Just Differently Enforced?

At a legal level, there’s no distinction. A listed PSU follows the same Securities and Exchange Board of India (Listing...
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Independent Directors in PSUs: Independence or Administrative Formality?
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Independent Directors in PSUs: Independence or Administrative Formality?

Independent Directors are the cornerstone of Board accountability. In PSUs, however, appointments of Independent Directors are routed through Government departments....
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Secretarial Audit Fatigue: When Qualifications Become Routine
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Secretarial Audit Fatigue: When Qualifications Become Routine

Secretarial audits are designed to reflect a company’s compliance with laws and regulations. In many PSUs, however, recurring qualifications —...
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A Company Secretary gives a compliance certificate to the Board stating that the Company is “generally compliant” with all laws.

The MD sends monthly update reports to the Board. A new ID wants this to be discontinued stating that she does not want to be privy to any information that is not in public domain.

The Board has presented a compliance certificate stating that the Company is compliant with laws and regulations applicable to it. Some agenda items later, one agenda item reports violations under one Act.

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JOINT VENTURE

Airawat is a joint venture between Excellence Enablers, a specialist in matters of corporate governance, and Decimal Point Analytics, a tech-enabled research and data analytics firm. Airawat Indices offer indices based on a detailed methodical approach to evaluate Indian companies on both financial and corporate governance parameters. Read More

GALLERY

Roundtable - 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 – 𝐈𝐬 𝐌𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐀𝐝𝐞𝐪𝐮𝐚𝐭𝐞 - 30th March 2026

Roundtable - 𝐀𝐮𝐝𝐢𝐭 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 - 25th February 2026