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Nearly 11.6 Lakh Women Directors associated with Public and Private companies

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....early 11.6 Lakh Women Directors associated with Public and Private companies <br>News and Press Release<br>Dated:- 17-12-2024<br><BR>Multiple initiatives taken to encourage women participation in decision making in companies The cumulative number of women directors in listed companies, un-listed public companies and private companies as on 30 November 2024 are as follows; Category Count of wome....

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....n directors associated Listed Public companies 8,672 Unlisted public companies 46,939 Private companies (including OPCs) 11,11,040 The Ministry of Corporate Affairs, with a view to encourage women participation in decision making at various levels in companies, has included the following provisions in the Companies Act, 2013, * Second proviso to sub-section (1) of section 149 of the Comp....

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....anies Act, 2013 (Act) provides that prescribed class of companies shall have at least one woman director. * Further, as per Rule 3 of Companies (Appointment and Qualification of Directors) Rules, 2024, every listed company and every other public company having paid up share capital of Rs. 100 crore or more or having turnover of Rs. 300 crore or more, is required to appoint at least one woman dir....

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....ector. * If a company makes default in complying with this provision of the Act, the company and every officer of the company who is in default, is liable for penalty provided under section 172 of the Companies Act, 2013. The Minister of State in the Ministry of Corporate Affairs and Minister of State in the Ministry of Road Transport and Highways, Shri Harsh Malhotra stated this in a written r....

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....eply in Rajya Sabha today.<BR> News - Press release - PIB....