The Securities and Exchange Board of India (SEBI) mandates a minimum share of independent and non-executive directors on the board of companies. The number of companies in violation of independent directors norms has declined from 17 in the financial year 2021 to one in 2022.
Companies in violation of Non-executive directors (NED) and Independent directors (ID) norms in India from financial year 2019 to 2022
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Hindustan Times. (August 7, 2023). Companies in violation of Non-executive directors (NED) and Independent directors (ID) norms in India from financial year 2019 to 2022 [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/1455672/india-number-of-companies-in-violation-of-ned-id-norms/
Hindustan Times. "Companies in violation of Non-executive directors (NED) and Independent directors (ID) norms in India from financial year 2019 to 2022." Chart. August 7, 2023. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/1455672/india-number-of-companies-in-violation-of-ned-id-norms/
Hindustan Times. (2023). Companies in violation of Non-executive directors (NED) and Independent directors (ID) norms in India from financial year 2019 to 2022. Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/1455672/india-number-of-companies-in-violation-of-ned-id-norms/
Hindustan Times. "Companies in Violation of Non-executive Directors (Ned) and Independent Directors (Id) Norms in India from Financial Year 2019 to 2022." Statista, Statista Inc., 7 Aug 2023, https://www.statista.com/statistics/1455672/india-number-of-companies-in-violation-of-ned-id-norms/
Hindustan Times, Companies in violation of Non-executive directors (NED) and Independent directors (ID) norms in India from financial year 2019 to 2022 Statista, https://www.statista.com/statistics/1455672/india-number-of-companies-in-violation-of-ned-id-norms/ (last visited January 04, 2025)
Companies in violation of Non-executive directors (NED) and Independent directors (ID) norms in India from financial year 2019 to 2022 [Graph], Hindustan Times, August 7, 2023. [Online]. Available: https://www.statista.com/statistics/1455672/india-number-of-companies-in-violation-of-ned-id-norms/
