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NSE to list well-governed firms in new category to help new investors

Companies that aim to be listed in this category will have to meet norms stricter than the ones mandated by current regulations

Vikram Limaye
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Vikram Limaye

Ashley Coutinho Mumbai
Investors will soon be able to track all companies with high standards of corporate governance in a special category on the National Stock Exchange of India, said its Managing Director (MD) and Chief Executive Officer (CEO) Vikram Limaye.

“As a frontline regulator, the NSE has always emphasised high standards of corporate governance. This initiative of ours constitutes a paradigm shift from a mandate-driven system to an incentive-driven system,” said Limaye.

Companies that aim to be listed in this category will have to meet norms more strict than current regulations. 

This initiative is inspired by the Novo Mercado in Brazil, pioneered