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Compliance of SEBI Directive on Women Director

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..... Compliance of SEBI Directive on Women Director
News and Press Release
Dated:- 10-5-2016

The requirement of appointment of woman director emanates from Section 149 of Companies Act, 2013. .....

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..... SEBI has mandated that listed companies to appoint one woman director on its board. Companies can appoint any woman as director who is not otherwise disqualified for appointment as a director in term .....

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..... s of requirements of the Companies Act, 2013 and such a director can be either executive or non-executive or independent or non-independent director. As per inputs of SEBI, details of woman director .....

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..... s on the boards of listed companies as on March 31, 2016 is as under: Particulars BSE NSE Total number of listed companies 5451 1759 Number of companies that have appointed woman director 412 .....

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..... 8 1568 Number of companies that have not appointed woman director 1323 191 Number of non-compliant active companies 187 42 Number of non-compliant suspended companies 1136 149 SEBI has not .....

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..... mandated any requirement for listed companies to report whether a director is a family member of promoter or top executive. Therefore, data related to woman director being family member of promoters o .....

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..... r top executives is not available with stock exchanges. This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.
News - Press .....

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..... release - PIB .....

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