As many as 65 PSUs have failed to appoint at least one woman director on their boards versus 1,355 private listed firms in default. So the government has asked the Registrar of Companies to take up the matter with the ministries concerned and initiate penal action against both PSUs and 1,355 private listed firms in default.
A SEBI directive and the Companies Act, 2013, mandate all listed firms to have at least one woman director on their boards from April 1, 2015. These rules are aimed at ensuring gender diversity in boardrooms.
A total of 1,355 private listed companies are without a woman director while 292 unlisted firms have not appointed any woman on their boards, Minister of State for Corporate Affairs Arjun Ram Meghwal said in a written reply to the Lok Sabha.
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Women find no place on boards of 65 PSUs
By IndianMandarins - 2017-03-25 08:10:24
As many as 65 PSUs have failed to appoint at least one woman director on their boards versus 1,355 private listed firms in default. So the government has asked the Registrar of Companies to take up the matter with the ministries concerned and initiate penal action against both PSUs and 1,355 private listed firms in default.
A SEBI directive and the Companies Act, 2013, mandate all listed firms to have at least one woman director on their boards from April 1, 2015. These rules are aimed at ensuring gender diversity in boardrooms.
A total of 1,355 private listed companies are without a woman director while 292 unlisted firms have not appointed any woman on their boards, Minister of State for Corporate Affairs Arjun Ram Meghwal said in a written reply to the Lok Sabha.
