The Securities and Exchange Board of India (Sebi) is set to enhance corporate governance by focusing on the capacity building of independent directors. During the CII Corporate Governance Summit, chairman Tuhin Kanta Pandey emphasized that while boards may be well-constituted, their effectiveness often falls short due to a lack of deep interrogation of available information and a failure to translate independence into actionable insights. He called for independent directors to take on greater responsibility, moving beyond compliance to engage in value-driven discussions that emphasize long-term sustainability and financial performance. This initiative comes in light of recent governance issues at HDFC Bank, where the abrupt departure of chairperson Atanu Chakraborty raised concerns about ethical alignment. Pandey also noted Sebi's ongoing efforts to improve disclosures and accountability mechanisms, stating that while a strong foundation has been established, effective outcomes require active participation and insight from board members.