Kolkata, Oct. 8 -- Indian companies have made measurable progress in appointing women to corporate boards as mandated under the Companies Act 2013. However, a new report finds that meaningful representation and influence remain limited.
According to the joint study by Khaitan & Co, Aon, and Ladies Who Lead, "Presence to Influence: Advancing Women in Indian Boardrooms", about 98 percent of BSE-200 companies now include at least one woman director on their boards.
However, despite this progress, the report finds that women's participation is often symbolic, with many directors lacking substantive roles in boardroom decision-making.
The report combines board composition data from BSE-200 companies (FY 2023-24) with interviews of 40 women in...