In compliance to the Companies Act, 2013, at least one-woman director shall be on the Board of such class or classes of companies as may be prescribed. Riya is keen to hold the office of woman director in a company. She

As per section 149(1) read with Rule 3 of Companies (Appointment and Qualification of Directors) Rules, 2014 following class of companies must have at least one woman director: All listed companies Public company- with paid up capital of ₹100 crore or more; or with turnover of ₹300 crore or more. Applying the above provision, it can be suggested that: Maya ltd. is not compulsorily required to appoint woman director as its paid-up capital is less than ₹100 crore and turnover is less than ₹300 crore. Manna ltd. is compulsorily required to appoint at least one woman director as it is a listed company. Mopin ltd. is compulsorily required to appoint at least one woman director as its paid-up capital is more than ₹100 crore and turnover is more than ₹300 crore. Based on above discussion, it can be advised to Riya that Manna ltd. and Mopin ltd. are mandatorily required to appoint at least one woman director. According to Regulation 17 of SEBI (LODR) Regulations, 2015-Board of directors of top 500 listed companies shall have at least one independent woman director by 1st April, 2019 and Board of directors of the top 1000 listed companies shall have at least one independent woman director by 1st April, 2020. The top 500 and 1000 listed companies shall be counted on the basis of market capitalization, as at the end of the immediate previous financial year.