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.

Woman director requirement mandates listed companies to include at least one female director to enhance board diversity and compliance. The directive requires listed companies to appoint at least one woman director, creating a compliance obligation to include a female director in board composition and promoting gender diversity as a listing-condition governance measure.