Woman Director Mandatory on Board of Directors of a Listed Company

Securities and Exchange Board of India (SEBI), vide its circular No. CIR/CFD/POLICYCELL/2/2014 dated April 7, 2014 has mandated that the Board of Directors of the listed company shall have atleast one woman director on its Board. As per para 4.1 of the said circular, the deadline for implementation of this directive is October 1, 2014.

This information was given by the Minister of State for Finance, Smt. Nirmala Sitharaman in written reply to a question in Lok Sabha today.