The Securities and Exchange Board of India (SEBI) has decided to extend the timeline for companies to have at least woman on their board of directors by six months. The deadline has been extended from October 1 this year to April 1, 2015.

As per SEBI Chairman Mr. U.K. Sinha, “For women directors on the boards, we have extended the timeline from October 1 this year to April 1, 2015. We have done it because the Ministry of Corporate Affairs guidelines towards this end have also been extended. We felt in this matter, it is better to synchronise our timeline with the ministry.”