Clarification on women directors on Sebi

The Secretary, Ministry of Corporate Affairs, Ms Anjuli Chib Duggal is a member of the Sebi board.

FP Staff April 01, 2015 10:32:45 IST
Clarification on women directors on Sebi

This is with reference to an article published by Firstpost titled “Practice before you preach? No women on Sebi board despite directive to India Inc” where it was erroneously mentioned that all the directors on the Sebi board were men.

The Secretary, Ministry of Corporate Affairs, Ms Anjuli Chib Duggal is a member of the Sebi board. Therefore to say that Sebi does not have a woman member on its board is misleading.

Moreover, as per the Sebi Act, members of the board are appointed by the Central Government. Sebi itself is not involved in the constitution of the board.

Firstpost regrets the error in the story, which has since been withdrawn.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

SC gives Sahara more leeway, more litigation likely
Business

SC gives Sahara more leeway, more litigation likely

The litigation in the Sahara case looks likely to prolong further as the Supreme Court gives the group more time to repay investors

CBI arrests senior Sebi official on bribery charges
Fwire

CBI arrests senior Sebi official on bribery charges

The CBI said that a middleman had allegedly demanded Rs 25 lakh from the complainant on behalf of the Sebi official.