Companies

Women directors in 75% listed cos

Our Bureau New Delhi | Updated on January 15, 2018 Published on March 16, 2017


Out of a total of 7,756 listed companies, 5,784 have appointed women directors, as on January 31, 2017, Minister of Women & Child Development (WCD) , Maneka Gandhi said in reply to a question in Rajya Sabha on Thursday. According to a WCD Ministry release, this was pursuant to the Ministry of Corporate Affairs, which had informed the listed companies that as per second proviso to sub-section (1) of Section 149 of the Companies Act, 2013, the prescribed class of companies shall have at least one women director. As per Rule 3 of Companies (Appointment and Qualification of Directors) Rules 2014, every listed company and every public company having paid up share capital of ₹100 crore or more, or having turnover of ₹300 crore or more, is required to appoint at least one woman director, the release added.

Published on March 16, 2017
null
This article is closed for comments.
Please Email the Editor