Home - Stakeholder Empowerment Services
What's New
Report on Board Composition and Board Remuneration of Top 500 Companies    |    Report on Business Responsibility Reporting in India: Disclosures and Practices    |    Fugitive Economic Offenders Bill needs tweaks: Analysts    |    Proposed auditing watchdog should keep distance from ICAI, say experts    |    SEBI Committee Report on Corporate Governance    |   

News & Events View More

  • Board remuneration: Promoters, family make the pie and eat it too

    Read More
  • Can Kotak panel recommendations be implemented? Sebi seeks govt's view

    Read More
  • Revised Manipal offer for Fortis fails to excite Street

    Read More
  • Good governance will have to wait till board independence is more than a label

    Read More
  • ICICI Bank, Axis Bank crises revives focus on private sector boards' judgment and independence

    Read More
  • IHH Is Said Preparing to Rival TPG-Backed Firm's Fortis Bid

    Read More

Latest Research Reports View More

Bankruptcy Code- Tying loose ends and mending the knots


Indian Bankruptcy law is of recent origin and practitioners and stakeholders, unfortunately, do not have the benefit of many case history to guide them...

COST AUDIT – Race to Bottom? or an unnecessary ritual?


Are Cost Auditors paid fairly based on their role? SES is of the view that they are not.

Dividend Distribution Policy Disclosure A Status Check


Data analyzed by SES, once again reveals a sad story that while compliance level is good, its usefulness is limited as compliance is on technical level but not in the spirit of the law.

Fortis Healthcare Ltd. - Personal Fiefdom of Promoters


SES after reading the reports and reading company’s clarification and digging past disclosure is of the view that if not 100%, the allegations appears to be partly true...

Latest Proxy Advisory Reports

Name Date Type
Cox & Kings 10-05-2018 CCM
Tata Comm 10-05-2018 CCM
Nestle India 10-05-2018 AGM
Sanofi India 08-05-2018 AGM
Lumax Auto Tech. 05-05-2018 PB
View SES Recommendation

Pillars of SES


    We do not have any material association with listed firms. Our employees do not hold directorships at listed companies. This helps us maintain our independence and provide unbiased advice to clients. We do not accept assignments that may have a potential conflict with our objectives.

    Conflict Management

    We provide governance advisory services to investors at listed companies. To remove any conflict of interests, we do not have any pecuniary or advisory relationship with listed companies. We have internal controls for interactions with listed firms and maintain a clear audit trail.

    Non for Profit

    SES has adopted a not-for-profit business model to eliminate any perceived compromise with independence and to mitigate any potential conflict of interests. Our business model ensures that we place clients’ interests above our own and treat each client equally.


    Our diverse and independent advisory board guides our policy making process which ensures that our policies are transparent and take opinions of all stakeholders into accounts. We disclose all non-material relationships with listed firms on our website and use only public information for analysis.