1,375 BSE firms fined for no woman directors
As many as 1,375 BSE-listed and 191 NSE-listed companies have been fined for failing to appoint women directors on their respective boards, Union Minister Jayant Sinha said. All listed firms are required to have at least one woman director on board from April 1, 2015, according to a directive by markets regulator Sebi as also under the Companies Act, 2013.