Women Board Members

The number of board seats held by women across India Inc has increased gradually over the past five years with them holding 18.3 per cent board seats in 2023, a Deloitte report said on Friday. The 'Women in the boardroom: A global perspective' report, however, said that it is lower than the global average of 23.3 per cent. The report by Deloitte Global Boardroom Program analysed more than 18,000 companies in 50 countries exploring representation of women in the boardroom. This includes analysis of 400 companies from India. "Boardroom diversity requires a paradigm shift. Since many companies prefer to recruit board members with CEO or CFO experience, these numbers do not paint an optimistic outlook for pipeline development. India Inc. must break from historical patterns and prioritise capabilities over past roles," Deloitte South Asia Chairperson Shefali Goradia said. The report shows a gradual increase in the number of board seats held by women across India Inc, with women holding

Eight out of 10 key board committee members are men, shows data

Corporate India lags the rest of its Western and Asian peers by a wide margin when it comes to the presence of women on their boards

The average transparency rating for Indian companies is 34 per cent, higher than the average transparency rating of 25 per cent across the companies universe

All listed firms are required to have at least one woman director on their boards from April 1, 2015, according to Sebi