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Compliance of SEBI Directive on Women Director

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....ompliance of SEBI Directive on Women Director <br>News and Press Release<br>Dated:- 10-5-2016<br><BR>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 terms....

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.... 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 directors....

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.... 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 4128....

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.... 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 m....

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....andated 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 or....

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.... 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.<BR> News - Press r....

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....elease - PIB....