Quick Summary
Companies Act mandates at least one woman director on boards of specified companies.
Listed companies and public companies with paid-up capital of ₹100 crore or more/turnover of ₹300 crore or more must have at least one woman director. This promotes gender diversity in corporate boards.
Key Points
- Mandatory for certain companies
- At least one required
- Promotes diversity
- Listed and large public companies
- Comply within 6 months