ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made amendments to the Listed Companies (Code of Corporate Governance) Regulations 2019 and Companies (Postal Ballot) Regulations 2018 with the view to safeguard shareholders’ rights and enhance corporate governance practices.

Under these reforms, the category-wise voting scheme has been omitted to support minority shareholders’ representation on the board.

The scrutiniser’s role has been enhanced to bring transparency in accepting or rejecting nominations for the election of directors and proxies.

Reforms were also incorporated to enhance corporate governance by including........

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