PTS Ltd. is forming part of top 1000 listed entities. Being the company secretary of the company, advise on the following issues: How many directors constitute the quorum for a board meeting?

The quorum for every meeting of the board of directors of the top 1000 listed entities with effect from April 1, 2019 shall be one-third of its total strength or three directors, whichever is higher, including at least one independent director. Explanation: For removal of doubts, it is clarified that the participation of the directors by video conferencing or by other audio-visual means shall also be counted for the purposes of such quorum. [Regulation 17(2A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015]