In the CEO Conclave held on 28 th April, 2005 discussion was held on select amendments in clause49 of SEBI listing agreement. Smt. Satyavati Berera, Executive Director and Sh. Ajay Kumar, Associate Director of PWC sharply focused on the changes envisaged and institutionalisation of processes within organisation to ensure compliance. Emphasis was laid on GRC, Governance, Risk Management and Compliance. Lively discussion followed and participants benefited through exchange of information and experience.