India ID Exchange · Confirmed register

Board seats Indian companies must fill — named, dated, from their own filings

Only two things make a board vacancy certain in law: an independent director reaching the end of a second consecutive term, who cannot be reappointed, and a board that is below a statutory minimum. Nothing here is a forecast. Each seat is read from the company’s governance filings to BSE and NSE.

582
Live & named board seats: 320
Confirmed exits: 262
Urgent seats: 70
Woman-director shortfalls

Members see the name of every outgoing director. Register free.

320 confirmed exits in the next 12 months

Independent directors in a second consecutive term must leave by the date shown — appointment plus ten years (Companies Act s.149(10)-(11)). 147 of these departures take the board below its independence minimum, so the company must appoint a new independent director (SEBI LODR Reg 25(6)).

October 2026 · 3

Tatia Global Vennture Limited
Realty
Independent director, second term
by 30 Oct 2026ConfirmedMust refill
Kingfa Science & Technology (India) Limited
Capital Goods · Top 1000
Independent director, second term
by 31 Oct 2026ConfirmedMust refill
W.S. Industries (India) Limited
Construction · Top 2000
Independent director, second term
by 31 Oct 2026Confirmed

November 2026 · 24

Premier Explosives Limited
Chemicals · Top 1000
Independent director, second term
by 1 Nov 2026Confirmed
Asian Energy Services Limited
Oil, Gas & Consumable Fuels · Top 2000
Independent director, second term
by 2 Nov 2026Confirmed
Dhunseri Investments Limited
Financial Services · Top 2000
Independent director, second term
by 2 Nov 2026Confirmed
Transport Corporation of India Limited
Services · Top 1000
Independent director, second term
by 3 Nov 2026ConfirmedMust refill
LTIMindtree Limited
Information Technology · Top 100
Independent director, second term
by 8 Nov 2026Confirmed
Minda Corporation Limited
Automobile and Auto Components · Top 500
Independent director, second term
by 9 Nov 2026Confirmed
Thermax Limited
Capital Goods · Top 500
Independent director, second term
by 9 Nov 2026Confirmed
Wockhardt Limited
Healthcare · Top 500
Independent director, second term
by 9 Nov 2026Confirmed
Maithan Alloys Limited
Metals & Mining · Top 1000
Independent director, second term
by 9 Nov 2026Confirmed
TARC Limited
Realty · Top 1000
Independent director, second term
by 9 Nov 2026Confirmed
S Chand and Company Limited
Media, Entertainment & Publication · Top 2000
2 independent directors, second term
by 9 Nov 2026Confirmed
BLS International Services Limited
Consumer Services · Top 500
Independent director, second term
by 10 Nov 2026ConfirmedMust refill
Sunil Healthcare Limited
Healthcare
Independent director, second term
by 10 Nov 2026Confirmed
Goldiam International Limited
Consumer Durables · Top 1000
Independent director, second term
by 11 Nov 2026ConfirmedMust refill
Sandur Manganese & Iron Ores Limited
Metals & Mining · Top 1000
Independent director, second term
by 11 Nov 2026Confirmed
Frontier Springs Limited
Automobile and Auto Components · Top 2000
Independent director, second term
by 11 Nov 2026ConfirmedMust refill
Mirc Electronics Limited
Consumer Durables · Top 2000
Independent director, second term
by 13 Nov 2026ConfirmedMust refill
Zydus Wellness Limited
Fast Moving Consumer Goods · Top 500
Independent director, second term
by 17 Nov 2026Confirmed
BLS E-Services Limited
Information Technology · Top 1000
Independent director, second term
by 20 Nov 2026Confirmed
Macrotech Developers Limited
Realty · Top 100
Independent director, second term
by 22 Nov 2026Confirmed
Rkec Projects Limited
Top 2000
Independent director, second term
by 24 Nov 2026ConfirmedMust refill
Garware Marine Industries Limited
Textiles
Independent director, second term
by 25 Nov 2026Confirmed
Krishanveer Forge Limited
Capital Goods
Independent director, second term
by 30 Nov 2026Confirmed

December 2026 · 19

Adani Enterprises Limited
Metals & Mining · Top 100
Independent director, second term
by 1 Dec 2026ConfirmedMust refill
Astrazeneca Pharma India Limited
Healthcare · Top 500
Independent director, second term
by 1 Dec 2026Confirmed
Niyogin Fintech Limited
Financial Services · Top 2000
Independent director, second term
by 4 Dec 2026Confirmed
Automobile Corporation of Goa Limited
Automobile and Auto Components · Top 2000
Independent director, second term
by 6 Dec 2026Confirmed
Suyog Telematics Limited
Telecommunication · Top 2000
Independent director, second term
by 7 Dec 2026Confirmed
Cyber Media (India) Limited
Media, Entertainment & Publication
Independent director, second term
by 12 Dec 2026Confirmed
Advanced Enzyme Technologies Limited
Healthcare · Top 1000
Independent director, second term
by 13 Dec 2026Confirmed
Prime Focus Limited
Media, Entertainment & Publication · Top 1000
Independent director, second term
by 13 Dec 2026ConfirmedMust refill
Shalby Limited
Healthcare · Top 1000
Independent director, second term
by 19 Dec 2026Confirmed
MAS Financial Services Limited
Financial Services · Top 1000
Independent director, second term
by 20 Dec 2026Confirmed
Electrosteel Castings Limited
Capital Goods · Top 500
Independent director, second term
by 21 Dec 2026Confirmed
Infobeans Technologies Ltd
Information Technology · Top 2000
Independent director, second term
by 21 Dec 2026ConfirmedMust refill
Hisar Spinning Mills Limited
Textiles
3 independent directors, second term
by 28 Dec 2026Confirmed
HLE Glascoat Limited
Capital Goods · Top 1000
Independent director, second term
by 30 Dec 2026Confirmed
Laxmi India Finance Limited
Financial Services
Independent director, second term
by 30 Dec 2026Confirmed
Airo Lam Limited
Listed company
2 independent directors, second term
by 31 Dec 2026ConfirmedMust refill

January 2027 · 20

Manomay Tex India Limited
Textiles
2 independent directors, second term
by 1 Jan 2027ConfirmedMust refill
Nuvoco Vistas Corporation Limited
Construction Materials · Top 500
Independent director, second term
by 2 Jan 2027ConfirmedMust refill
Manomay Tex India Limited
Textiles
Independent director, second term
by 3 Jan 2027ConfirmedMust refill
Airan Limited
Information Technology · Top 2000
Independent director, second term
by 5 Jan 2027Confirmed
Centenial Surgical Suture Limited
Healthcare
Independent director, second term
by 8 Jan 2027Confirmed
Sanginita Chemicals Limited
Listed company
Independent director, second term
by 9 Jan 2027Confirmed
Escorp Asset Management Ltd
Financial Services
2 independent directors, second term
by 15 Jan 2027Confirmed
Akash Infra Projects Limited
Listed company
2 independent directors, second term
by 16 Jan 2027ConfirmedMust refill
Airan Limited
Information Technology · Top 2000
Independent director, second term
by 18 Jan 2027Confirmed
Asian Paints Limited
Consumer Durables · Top 100
Independent director, second term
by 22 Jan 2027Confirmed
Nrb Bearings Limited
Automobile and Auto Components · Top 1000
Independent director, second term
by 22 Jan 2027Confirmed
Navkar Corporation Limited
Services · Top 2000
Independent director, second term
by 24 Jan 2027ConfirmedMust refill
Rama Steel Tubes Limited
Capital Goods · Top 2000
Independent director, second term
by 24 Jan 2027ConfirmedMust refill
Concord Biotech Limited
Healthcare · Top 500
2 independent directors, second term
by 30 Jan 2027Confirmed
TCI Express Limited
Services · Top 1000
Independent director, second term
by 30 Jan 2027ConfirmedMust refill
MPS Pharmaa Limited( Formerly Advik Laboratories Limited)
Healthcare
Independent director, second term
by 30 Jan 2027ConfirmedMust refill

February 2027 · 20

Mercantile Ventures Limited
Services · Top 2000
Independent director, second term
by 2 Feb 2027Confirmed
Arvind Fashions Limited
Consumer Services · Top 1000
Independent director, second term
by 6 Feb 2027Confirmed
Marathon Nextgen Realty Limited
Realty · Top 1000
Independent director, second term
by 8 Feb 2027ConfirmedMust refill
Jumbo Bag Limited
Capital Goods
Independent director, second term
by 8 Feb 2027Confirmed
Uni Abex Alloy Products Limited
Capital Goods · Top 2000
Independent director, second term
by 9 Feb 2027Confirmed
Aruna Hotels Limited
Consumer Services
Independent director, second term
by 9 Feb 2027Confirmed
Sikko Industries Limited
Listed company
Independent director, second term
by 9 Feb 2027ConfirmedMust refill
Rajapalayam Mills Limited
Textiles · Top 2000
Independent director, second term
by 10 Feb 2027Confirmed
Britannia Industries Limited
Fast Moving Consumer Goods · Top 100
2 independent directors, second term
by 12 Feb 2027Confirmed
Waaree Renewable Technologies Ltd
Capital Goods · Top 500
Independent director, second term
by 12 Feb 2027Confirmed
Bodal Chemicals Limited
Chemicals · Top 2000
Independent director, second term
by 12 Feb 2027ConfirmedMust refill
Dolat Algotech Limited
Financial Services · Top 1000
Independent director, second term
by 13 Feb 2027ConfirmedMust refill
Tsf Investments Limited
Top 500
Independent director, second term
by 15 Feb 2027ConfirmedMust refill
The Indian Wood Products Co Ltd
Forest Materials · Top 2000
Independent director, second term
by 17 Feb 2027Confirmed
Shalby Limited
Healthcare · Top 1000
Independent director, second term
by 22 Feb 2027Confirmed
Cella Space Limited
Forest Materials
Independent director, second term
by 22 Feb 2027Confirmed
Generic Engineering Construction and Projects Limited
Realty · Top 2000
Independent director, second term
by 26 Feb 2027Confirmed
Alfred Herbert (India) Ltd.
Financial Services
Independent director, second term
by 26 Feb 2027Confirmed
Dilip Buildcon Limited
Construction · Top 1000
Independent director, second term
by 27 Feb 2027Confirmed

March 2027 · 38

ICICI Prudential Asset Management Company Limited
Financial Services
Independent director, second term
by 5 Mar 2027Confirmed
Rasandik Engineering Industries India Limited
Automobile and Auto Components
Independent director, second term
by 5 Mar 2027ConfirmedMust refill
KDDL Limited
Consumer Durables · Top 1000
Independent director, second term
by 6 Mar 2027Confirmed
63 moons technologies limited
Information Technology · Top 2000
2 independent directors, second term
by 7 Mar 2027ConfirmedMust refill
Geekay Wires Limited
Listed company
2 independent directors, second term
by 7 Mar 2027ConfirmedMust refill
Sah Polymers Limited
Capital Goods · Top 2000
Independent director, second term
by 9 Mar 2027Confirmed
Supreme Holdings & Hospitality (India) Limited
Realty · Top 2000
Independent director, second term
by 9 Mar 2027Confirmed
Avadh Sugar & Energy Limited
Fast Moving Consumer Goods · Top 2000
4 independent directors, second term
by 13 Mar 2027Confirmed
Ganges Securities Limited
Fast Moving Consumer Goods · Top 2000
Independent director, second term
by 13 Mar 2027ConfirmedMust refill
Magadh Sugar & Energy Limited
Fast Moving Consumer Goods · Top 2000
5 independent directors, second term
by 13 Mar 2027Confirmed
Palash Securities Limited
Fast Moving Consumer Goods · Top 2000
Independent director, second term
by 13 Mar 2027Confirmed
Eclerx Services Ltd.
Services · Top 500
Independent director, second term
by 14 Mar 2027Confirmed
We Win Limited
Services · Top 2000
2 independent directors, second term
by 14 Mar 2027ConfirmedMust refill
Bampsl Securities Limited
Financial Services
Independent director, second term
by 14 Mar 2027Confirmed
Dev Information Technology Limited
Information Technology · Top 2000
2 independent directors, second term
by 15 Mar 2027ConfirmedMust refill
Asian Granito India Limited
Consumer Durables · Top 2000
Independent director, second term
by 19 Mar 2027ConfirmedMust refill
52 WEEKS ENTERTAINMENT LIMITED (Formerly known as Shantanu Sheorey Aquakult Ltd)
Fast Moving Consumer Goods
Independent director, second term
by 19 Mar 2027Confirmed
Sah Polymers Limited
Capital Goods · Top 2000
Independent director, second term
by 27 Mar 2027Confirmed
Bombay Burmah Trading Corporation Limited
Fast Moving Consumer Goods · Top 500
Independent director, second term
by 29 Mar 2027Confirmed
Ganges Securities Limited
Fast Moving Consumer Goods · Top 2000
Independent director, second term
by 29 Mar 2027ConfirmedMust refill
Palash Securities Limited
Fast Moving Consumer Goods · Top 2000
2 independent directors, second term
by 29 Mar 2027Confirmed
Haria Apparels Ltd
Textiles
Independent director, second term
by 29 Mar 2027Confirmed
Haria Exports Ltd
Consumer Durables
Independent director, second term
by 29 Mar 2027Confirmed
Vippy Spinpro Limited
Textiles
Independent director, second term
by 30 Mar 2027Confirmed
Tata Steel Limited
Metals & Mining · Top 100
Independent director, second term
by 31 Mar 2027ConfirmedMust refill
Univastu India Limited
Top 2000
Independent director, second term
by 31 Mar 2027ConfirmedMust refill

April 2027 · 14

Silver Touch Technologies Limited
Information Technology · Top 2000
Independent director, second term
by 5 Apr 2027ConfirmedMust refill
La Opala Rg Limited
Consumer Durables · Top 1000
Independent director, second term
by 6 Apr 2027ConfirmedMust refill
Star Cement Limited
Construction Materials · Top 1000
2 independent directors, second term
by 7 Apr 2027Confirmed
Twentyfirst Century Management Services Limited
Financial Services · Top 2000
Independent director, second term
by 17 Apr 2027ConfirmedMust refill
Niraj Cement Structurals Limited
Construction · Top 2000
Independent director, second term
by 18 Apr 2027Confirmed
GHCL Limited
Chemicals · Top 1000
Independent director, second term
by 19 Apr 2027Confirmed
Wendt (India) Limited
Capital Goods · Top 1000
Independent director, second term
by 23 Apr 2027Confirmed
Chemfab Alkalis Limited
Chemicals · Top 2000
3 independent directors, second term
by 25 Apr 2027Confirmed
Speciality Restaurants Limited
Consumer Services · Top 2000
Independent director, second term
by 27 Apr 2027ConfirmedMust refill
Anupam Finserv Limited
Financial Services
2 independent directors, second term
by 27 Apr 2027ConfirmedMust refill

May 2027 · 35

Spandana Sphoorty Financial Limited
Financial Services · Top 1000
Independent director, second term
by 3 May 2027Confirmed
Balaxi Pharmaceuticals Limited
Listed company
2 independent directors, second term
by 3 May 2027Confirmed
Sikko Industries Limited
Listed company
Independent director, second term
by 3 May 2027ConfirmedMust refill
Inspirisys Solutions Limited
Information Technology · Top 2000
Independent director, second term
by 5 May 2027ConfirmedMust refill
Carborundum Universal Limited
Capital Goods · Top 500
Independent director, second term
by 8 May 2027Confirmed
Bodal Chemicals Limited
Chemicals · Top 2000
Independent director, second term
by 9 May 2027ConfirmedMust refill
Commercial Syn Bags Limited
Capital Goods · Top 2000
Independent director, second term
by 9 May 2027ConfirmedMust refill
Aegis Logistics Limited
Oil, Gas & Consumable Fuels · Top 500
Independent director, second term
by 10 May 2027Confirmed
Lumax Industries Limited
Automobile and Auto Components · Top 2000
Independent director, second term
by 12 May 2027ConfirmedMust refill
Pradeep Metals Limited
Automobile and Auto Components
Independent director, second term
by 12 May 2027ConfirmedMust refill
H.G. Infra Engineering Limited
Construction · Top 1000
Independent director, second term
by 14 May 2027Confirmed
Worth Peripherals Limited
Capital Goods · Top 2000
2 independent directors, second term
by 14 May 2027ConfirmedMust refill
Krishanveer Forge Limited
Capital Goods
Independent director, second term
by 14 May 2027Confirmed
Kabra Extrusion Technik Limited
Capital Goods · Top 2000
Independent director, second term
by 15 May 2027Confirmed
Bajaj Auto Limited
Automobile and Auto Components · Top 100
Independent director, second term
by 17 May 2027Confirmed
Laurus Labs Limited
Healthcare · Top 500
Independent director, second term
by 17 May 2027Confirmed
Strides Pharma Science Limited
Healthcare · Top 1000
Independent director, second term
by 17 May 2027Confirmed
Poojawestern Metaliks Ltd
Capital Goods
2 independent directors, second term
by 17 May 2027ConfirmedMust refill
Jubilant Pharmova Limited
Healthcare · Top 500
2 independent directors, second term
by 22 May 2027Confirmed
Khadim India Limited
Consumer Durables · Top 2000
Independent director, second term
by 24 May 2027ConfirmedMust refill
Sms Lifesciences India Limited
Healthcare · Top 2000
Independent director, second term
by 24 May 2027ConfirmedMust refill
Pearl Global Industries Limited
Textiles · Top 1000
Independent director, second term
by 25 May 2027Confirmed
Maan Aluminium Limited
Metals & Mining · Top 2000
Independent director, second term
by 25 May 2027ConfirmedMust refill
Globe Enterprises (India) Limited
Listed company
Independent director, second term
by 25 May 2027Confirmed
HLE Glascoat Limited
Capital Goods · Top 1000
2 independent directors, second term
by 28 May 2027Confirmed
Semac Consultants Limited
Construction
Independent director, second term
by 28 May 2027ConfirmedMust refill
Jumbo Bag Limited
Capital Goods
Independent director, second term
by 29 May 2027Confirmed
Precot Limited
Top 2000
Independent director, second term
by 31 May 2027Confirmed
Ashnoor Textile Mills Limited
Textiles
Independent director, second term
by 31 May 2027ConfirmedMust refill
Super Spinning Mills Limited
Textiles
Independent director, second term
by 31 May 2027ConfirmedMust refill

June 2027 · 17

Aarvi Encon Limited
Listed company
2 independent directors, second term
by 2 Jun 2027Confirmed
Shish Industries Limited
Capital Goods · Top 2000
Independent director, second term
by 4 Jun 2027ConfirmedMust refill
5paisa Capital Limited
Financial Services · Top 2000
Independent director, second term
by 6 Jun 2027Confirmed
Voltas Limited
Consumer Durables · Top 500
Independent director, second term
by 7 Jun 2027Confirmed
Arvind SmartSpaces Limited
Realty · Top 1000
Independent director, second term
by 8 Jun 2027ConfirmedMust refill
Saregama India Limited
Media, Entertainment & Publication · Top 1000
Independent director, second term
by 11 Jun 2027Confirmed
Lemon Tree Hotels Limited
Consumer Services · Top 500
Independent director, second term
by 14 Jun 2027ConfirmedMust refill
Aditya Birla Capital Limited
Financial Services · Top 500
2 independent directors, second term
by 25 Jun 2027ConfirmedMust refill
Marico Limited
Fast Moving Consumer Goods · Top 500
Independent director, second term
by 25 Jun 2027Confirmed
Divi's Laboratories Limited
Healthcare · Top 100
Independent director, second term
by 26 Jun 2027Confirmed
Starteck Finance Limited
Financial Services · Top 2000
Independent director, second term
by 26 Jun 2027ConfirmedMust refill
Sicagen India Limited
Services · Top 2000
Independent director, second term
by 27 Jun 2027Confirmed
Swelect Energy Systems Limited
Capital Goods · Top 2000
Independent director, second term
by 27 Jun 2027ConfirmedMust refill
Rudra Global Infra Products Limited
Capital Goods · Top 2000
Independent director, second term
by 29 Jun 2027ConfirmedMust refill
Indian Acrylics Limited
Chemicals
Independent director, second term
by 30 Jun 2027Confirmed

July 2027 · 29

CL Educate Limited
Consumer Services · Top 2000
Independent director, second term
by 1 Jul 2027Confirmed
Prism Johnson Limited
Construction Materials · Top 1000
Independent director, second term
by 2 Jul 2027ConfirmedMust refill
Rajshree Sugars & Chemicals Limited
Fast Moving Consumer Goods · Top 2000
Independent director, second term
by 9 Jul 2027Confirmed
Infosys Limited
Information Technology · Top 100
Independent director, second term
by 13 Jul 2027Confirmed
Ceinsys Tech Limited
Information Technology · Top 2000
2 independent directors, second term
by 13 Jul 2027ConfirmedMust refill
D.P. Abhushan Limited
Consumer Durables · Top 1000
Independent director, second term
by 14 Jul 2027ConfirmedMust refill
Regent Enterprises Limited
Services
Independent director, second term
by 14 Jul 2027Confirmed
Hdfc Life Insurance Company Limited
Financial Services · Top 100
Independent director, second term
by 16 Jul 2027Confirmed
Godrej Agrovet Limited
Fast Moving Consumer Goods · Top 500
3 independent directors, second term
by 17 Jul 2027ConfirmedMust refill
Epigral Limited
Chemicals · Top 1000
Independent director, second term
by 17 Jul 2027ConfirmedMust refill
INFO EDGE (INDIA) Limited
Consumer Services · Top 100
Independent director, second term
by 20 Jul 2027Confirmed
Reliance Industries Limited
Oil, Gas & Consumable Fuels · Top 100
Independent director, second term
by 20 Jul 2027ConfirmedMust refill
Divi's Laboratories Limited
Healthcare · Top 100
Independent director, second term
by 21 Jul 2027Confirmed
Icici Prudential Life Insurance Company Limited
Financial Services · Top 100
Independent director, second term
by 24 Jul 2027Confirmed
Mahindra Logistics Limited
Services · Top 1000
2 independent directors, second term
by 24 Jul 2027Confirmed
Medi-Caps Limited
Healthcare
Independent director, second term
by 24 Jul 2027Confirmed
HCL Technologies Limited
Information Technology · Top 100
Independent director, second term
by 25 Jul 2027Confirmed
Beta Drugs Limited
Top 2000
2 independent directors, second term
by 25 Jul 2027ConfirmedMust refill
Pashupati Cotspin Limited
Textiles · Top 2000
2 independent directors, second term
by 25 Jul 2027ConfirmedMust refill
Amrapali Industries Limited
Services
Independent director, second term
by 26 Jul 2027ConfirmedMust refill
Ratnabhumi Developers Limited
Realty
Independent director, second term
by 30 Jul 2027Confirmed
Reliable Data Services Limited
Financial Services
Independent director, second term
by 30 Jul 2027ConfirmedMust refill
Swastika Investmart Limited
Financial Services
Independent director, second term
by 31 Jul 2027Confirmed

August 2027 · 33

Emami Limited
Fast Moving Consumer Goods · Top 500
Independent director, second term
by 1 Aug 2027ConfirmedMust refill
Ajooni Biotech Limited
Listed company
3 independent directors, second term
by 1 Aug 2027Confirmed
Shreeji Translogistics Limited
Services
Independent director, second term
by 1 Aug 2027ConfirmedMust refill
Bharat Parenterals Ltd
Healthcare · Top 2000
Independent director, second term
by 2 Aug 2027ConfirmedMust refill
Kokuyo Camlin Limited
Fast Moving Consumer Goods · Top 2000
Independent director, second term
by 2 Aug 2027ConfirmedMust refill
Gss Infotech Limited
Information Technology · Top 2000
Independent director, second term
by 7 Aug 2027ConfirmedMust refill
Hindcon Chemicals Limited
Top 2000
2 independent directors, second term
by 7 Aug 2027ConfirmedMust refill
B. L. Kashyap and Sons Limited
Construction · Top 2000
Independent director, second term
by 8 Aug 2027ConfirmedMust refill
Unick Fix-A-Form And Printers Ltd
Media, Entertainment & Publication
Independent director, second term
by 9 Aug 2027Confirmed
Kuantum Papers Limited
Forest Materials · Top 2000
2 independent directors, second term
by 11 Aug 2027ConfirmedMust refill
Shri Keshav Cements and Infra Limited
Construction Materials · Top 2000
Independent director, second term
by 11 Aug 2027ConfirmedMust refill
Selan Explorationtechnology Limited
Oil, Gas & Consumable Fuels · Top 2000
Independent director, second term
by 17 Aug 2027Confirmed
Apollo Micro Systems Limited
Capital Goods · Top 1000
Independent director, second term
by 20 Aug 2027ConfirmedMust refill
W.S. Industries (India) Limited
Construction · Top 2000
Independent director, second term
by 20 Aug 2027Confirmed
Sunil Industries Limited
Services
Independent director, second term
by 21 Aug 2027Confirmed
R R Kabel Limited
Capital Goods · Top 500
Independent director, second term
by 23 Aug 2027Confirmed
Virinchi Limited
Information Technology · Top 2000
Independent director, second term
by 27 Aug 2027ConfirmedMust refill
Mpil Corporation Limited
Financial Services
Independent director, second term
by 27 Aug 2027Confirmed
Newgen Software Technologies Limited
Information Technology · Top 500
Independent director, second term
by 29 Aug 2027ConfirmedMust refill
The Ramco Cements Limited
Construction Materials · Top 500
Independent director, second term
by 29 Aug 2027Confirmed
Dhunseri Tea & Industries Limited
Fast Moving Consumer Goods · Top 2000
Independent director, second term
by 29 Aug 2027ConfirmedMust refill
Nagpur Power and Industries Limited
Metals & Mining
Independent director, second term
by 29 Aug 2027Confirmed
Rane Holdings Limited
Financial Services · Top 1000
Independent director, second term
by 30 Aug 2027Confirmed
Shiva Mills Limited
Textiles
2 independent directors, second term
by 30 Aug 2027Confirmed
Apex Capital and Finance Limited
Financial Services
2 independent directors, second term
by 31 Aug 2027Confirmed
Tecil Chemicals and Hydro Power Limited
Chemicals
2 independent directors, second term
by 31 Aug 2027ConfirmedMust refill

September 2027 · 61

Bosch Limited
Automobile and Auto Components · Top 100
Independent director, second term
by 1 Sept 2027ConfirmedMust refill
Iec Education Limited
Information Technology
Independent director, second term
by 1 Sept 2027Confirmed
Jbm Auto Limited
Automobile and Auto Components · Top 500
Independent director, second term
by 3 Sept 2027ConfirmedMust refill
Mahindra Lifespace Developers Limited
Realty · Top 1000
Independent director, second term
by 3 Sept 2027Confirmed
Sheetal Cool Products Limited
Fast Moving Consumer Goods · Top 2000
2 independent directors, second term
by 3 Sept 2027ConfirmedMust refill
Mittal Life Style Limited
Listed company
2 independent directors, second term
by 3 Sept 2027ConfirmedMust refill
Tamilnadu Steel Tubes Ltd
Capital Goods
Independent director, second term
by 3 Sept 2027Confirmed
Electrotherm (India) Limited
Capital Goods · Top 2000
2 independent directors, second term
by 4 Sept 2027Confirmed
Ice Make Refrigeration Limited
Top 2000
3 independent directors, second term
by 4 Sept 2027ConfirmedMust refill
Evexia Lifecare Limited
Chemicals · Top 2000
Independent director, second term
by 5 Sept 2027Confirmed
Avance Technologies Limited
Information Technology
Independent director, second term
by 5 Sept 2027Confirmed
Touchwood Entertainment Limited
Listed company
4 independent directors, second term
by 5 Sept 2027ConfirmedMust refill
Zodiac Energy Limited
Construction · Top 2000
Independent director, second term
by 7 Sept 2027ConfirmedMust refill
The Yamuna Syndicate Limited
Services · Top 2000
Independent director, second term
by 8 Sept 2027ConfirmedMust refill
Futuristic Solutions Limited
Financial Services
Independent director, second term
by 8 Sept 2027ConfirmedMust refill
Grp Limited
Capital Goods · Top 2000
Independent director, second term
by 11 Sept 2027Confirmed
Bajaj Finserv Limited
Financial Services · Top 100
Independent director, second term
by 12 Sept 2027Confirmed
Bajaj Auto Limited
Automobile and Auto Components · Top 100
Independent director, second term
by 13 Sept 2027Confirmed
Bajaj Holdings & Investment Limited
Financial Services · Top 100
Independent director, second term
by 14 Sept 2027Confirmed
K.C.P. Sugar and Industries Corporation Limited
Fast Moving Consumer Goods · Top 2000
Independent director, second term
by 14 Sept 2027Confirmed
Rubfila International Limited
Capital Goods · Top 2000
Independent director, second term
by 14 Sept 2027Confirmed
Sundram Fasteners Limited
Automobile and Auto Components · Top 500
Independent director, second term
by 19 Sept 2027Confirmed
ZIM Laboratories Limited
Healthcare · Top 2000
2 independent directors, second term
by 20 Sept 2027ConfirmedMust refill
Vinyoflex Limited
Chemicals
3 independent directors, second term
by 20 Sept 2027ConfirmedMust refill
3b Blackbio Dx Limited
Healthcare · Top 2000
Independent director, second term
by 24 Sept 2027ConfirmedMust refill
Medico Remedies Limited
Healthcare · Top 2000
2 independent directors, second term
by 24 Sept 2027ConfirmedMust refill
Pakka Limited
Forest Materials · Top 2000
Independent director, second term
by 24 Sept 2027Confirmed
Radix Industries (India) Limited
Fast Moving Consumer Goods · Top 2000
Independent director, second term
by 24 Sept 2027ConfirmedMust refill
Vertoz Limited
Top 2000
Independent director, second term
by 24 Sept 2027ConfirmedMust refill
Smifs Capital Markets Limited
Financial Services
Independent director, second term
by 24 Sept 2027Confirmed
Nahar Capital and Financial Services Limited
Financial Services · Top 2000
2 independent directors, second term
by 25 Sept 2027ConfirmedMust refill
Nahar Poly Films Limited
Capital Goods · Top 2000
Independent director, second term
by 25 Sept 2027ConfirmedMust refill
Nahar Spinning Mills Limited
Textiles · Top 2000
2 independent directors, second term
by 25 Sept 2027ConfirmedMust refill
TD Power Systems Limited
Capital Goods · Top 1000
Independent director, second term
by 26 Sept 2027ConfirmedMust refill
Ruchi Infrastructure Limited
Services · Top 2000
2 independent directors, second term
by 26 Sept 2027Confirmed
LKP Securities Ltd
Financial Services
Independent director, second term
by 26 Sept 2027Confirmed
Panjon Limited
Fast Moving Consumer Goods
Independent director, second term
by 26 Sept 2027ConfirmedMust refill
Quantum Build Tech Limited
Realty
Independent director, second term
by 27 Sept 2027Confirmed
Laxmi Organic Industries Limited
Chemicals · Top 1000
Independent director, second term
by 28 Sept 2027ConfirmedMust refill
Ratnabhumi Developers Limited
Realty
Independent director, second term
by 28 Sept 2027Confirmed
Sangam Healthcare Products Limited
Healthcare
2 independent directors, second term
by 28 Sept 2027Confirmed
B. L. Kashyap and Sons Limited
Construction · Top 2000
Independent director, second term
by 29 Sept 2027ConfirmedMust refill
Vishwaraj Sugar Industries Limited
Fast Moving Consumer Goods · Top 2000
3 independent directors, second term
by 29 Sept 2027ConfirmedMust refill

October 2027 · 7

Bengal & Assam Company Limited
Financial Services · Top 1000
Independent director, second term
by 5 Oct 2027Confirmed
Zeal Aqua Limited
Fast Moving Consumer Goods
Independent director, second term
by 13 Oct 2027ConfirmedMust refill
CRISIL Limited
Financial Services · Top 500
Independent director, second term
by 16 Oct 2027ConfirmedMust refill
The Motor & General Finance Limited
Services
Independent director, second term
by 17 Oct 2027ConfirmedMust refill
Tecil Chemicals and Hydro Power Limited
Chemicals
Independent director, second term
by 22 Oct 2027ConfirmedMust refill
Solex Energy Limited
Top 2000
Independent director, second term
by 23 Oct 2027ConfirmedMust refill
Exide Industries Limited
Automobile and Auto Components · Top 500
Independent director, second term
by 24 Oct 2027Confirmed

262 urgent seats: boards below the legal minimum now

Each board below has fewer independent directors than SEBI LODR Reg 17(1)(b) requires — one-third, or one-half when the chair is an executive or promoter-linked director — in its latest filing and in the quarter before. 73 of the 132 boards here are government companies, whose independent directors are appointed by the administrative ministry rather than recruited by the board.

Astron Paper & Board Mill Limited
Forest Materials
1 of 4 independent; the one-half rule needs 2filed short since December 2025 or earlier
1 seatConfirmed
Bharat Sanchar Nigam Limited
Listed company
2 of 10 independent; the one-half rule needs 5filed short since December 2025 or earlier
3 seatsConfirmed
Hindustan Fluorocarbons Limited
Chemicals
0 of 4 independent; the one-third rule needs 2filed short since December 2025 or earlier
2 seatsConfirmed
National Insurance Company Limited
Listed company
1 of 6 independent; the one-half rule needs 3filed short since December 2025 or earlier
2 seatsConfirmed
Nitin Fire Protection Industries Limited
Capital Goods
0 of 3 independent; the one-third rule needs 1filed short since December 2025 or earlier
1 seatConfirmed
Nmdc Steel Limited
Metals & Mining · Top 500
0 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
4 seatsConfirmed
Unionbank
Financial Services · Top 500
2 of 8 independent; the one-third rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
India Tourism Development Corporation Limited
Consumer Services · Top 1000
1 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
2 seatsConfirmed
Subros Limited
Capital Goods · Top 1000
6 of 13 independent; the one-half rule needs 7filed short since March 2026 or earlier
1 seatConfirmed
Unitech Limited
Realty · Top 1000
0 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
3 seatsConfirmed
Current Infraprojects Limited
Top 2000
3 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
1 seatConfirmed
IL&FS Transportation Networks Limited
Construction · Top 2000
1 of 6 independent; the one-third rule needs 2filed short since March 2026 or earlier
1 seatConfirmed
AVI Polymers Ltd
Chemicals
2 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
Bls Infotech Limited
Information Technology
2 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
Bohra Industries Limited
Listed company
2 of 7 independent; the one-third rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
Colorchlips New Media Limited
Media, Entertainment & Publication
1 of 3 independent; the one-half rule needs 2filed short since March 2026 or earlier
1 seatConfirmed
Compuage Infocom Limited
Information Technology
0 of 2 independent; the one-third rule needs 1filed short since March 2026 or earlier
1 seatConfirmed
Futura Polyesters Ltd
Textiles
1 of 3 independent; the one-half rule needs 2filed short since March 2026 or earlier
1 seatConfirmed
Marg Techno Projects Ltd
Financial Services
2 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
Mercury Trade Links Ltd
Services
2 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
Neptune Petrochemicals Limited
Listed company
2 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
Niwas Spinning Mills Ltd
Textiles
0 of 3 independent; the one-half rule needs 2filed short since March 2026 or earlier
2 seatsConfirmed
Phoenix Township Limited
Consumer Services
3 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
1 seatConfirmed
Pro Fx Tech Limited
Listed company
2 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
Shivam Chemicals Limited
Fast Moving Consumer Goods
2 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
1 seatConfirmed
Simbhaoli Sugars Limited
Fast Moving Consumer Goods
0 of 4 independent; the one-third rule needs 2filed short since March 2026 or earlier
2 seatsConfirmed
Siti Networks Limited
Media, Entertainment & Publication
1 of 4 independent; the one-third rule needs 2filed short since March 2026 or earlier
1 seatConfirmed
Suryachakra Power Corporation Limited
Power
1 of 3 independent; the one-half rule needs 2filed short since March 2026 or earlier
1 seatConfirmed
The Mysore Paper Mills
Forest Materials
0 of 4 independent; the one-third rule needs 2filed short since March 2026 or earlier
2 seatsConfirmed
Ushdev International Limited
Metals & Mining
0 of 3 independent; the one-third rule needs 1filed short since March 2026 or earlier
1 seatConfirmed
Hindustan Zinc Limited
Metals & Mining · Top 100
4 of 10 independent; the one-half rule needs 5filed short since June 2026 or earlier
1 seatConfirmed
IFCI Limited
Financial Services · Top 500
1 of 8 independent; the one-half rule needs 4filed short since June 2026 or earlier
3 seatsConfirmed
Hemisphere Properties India Ltd
Services · Top 1000
1 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
2 seatsConfirmed
Shipping Corporation of India Land and Assets Limited
Financial Services · Top 1000
0 of 3 independent; the one-half rule needs 2filed short since June 2026 or earlier
2 seatsConfirmed
Archies Limited
Consumer Durables · Top 2000
2 of 5 independent; the one-half rule needs 3filed short since June 2026 or earlier
1 seatConfirmed
Beml Land Assets Limited
Financial Services · Top 2000
1 of 4 independent; the one-half rule needs 2filed short since June 2026 or earlier
1 seatConfirmed
Gvk Power & Infrastructure Limited
Power · Top 2000
0 of 3 independent; the one-third rule needs 1filed short since June 2026 or earlier
1 seatConfirmed
Madras Fertilizers Limited
Top 2000
2 of 7 independent; the one-half rule needs 4filed short since June 2026 or earlier
2 seatsConfirmed
Themis Medicare Limited
Healthcare · Top 2000
4 of 9 independent; the one-half rule needs 5filed short since June 2026 or earlier
1 seatConfirmed
Videocon Industries Limited
Consumer Durables · Top 2000
0 of 4 independent; the one-third rule needs 2filed short since June 2026 or earlier
2 seatsConfirmed
Ads Diagnostic Limited
Healthcare
3 of 7 independent; the one-half rule needs 4filed short since June 2026 or earlier
1 seatConfirmed
B & B Realty Limited
Realty
2 of 5 independent; the one-half rule needs 3filed short since June 2026 or earlier
1 seatConfirmed
Cmi Limited
Capital Goods
0 of 2 independent; the one-half rule needs 1filed short since June 2026 or earlier
1 seatConfirmed
Cupid Breweries and Distilleries Limited (formerly known as Cupid Trades and Finance Limited)
Fast Moving Consumer Goods
3 of 7 independent; the one-half rule needs 4filed short since June 2026 or earlier
1 seatConfirmed
Ds Kulkarni Developers Limited
Realty
0 of 3 independent; the one-half rule needs 2filed short since June 2026 or earlier
2 seatsConfirmed
N R International Limited
Services
2 of 5 independent; the one-half rule needs 3filed short since June 2026 or earlier
1 seatConfirmed
Noida Toll Bridge Company Limited
Services
1 of 7 independent; the one-third rule needs 3filed short since June 2026 or earlier
2 seatsConfirmed
Prabhat Technologies (India) Ltd2
Consumer Services
0 of 5 independent; the one-third rule needs 2filed short since June 2026 or earlier
2 seatsConfirmed
Sanwaria Consumer Limited
Fast Moving Consumer Goods
0 of 3 independent; the one-half rule needs 2filed short since June 2026 or earlier
2 seatsConfirmed
Stallion India Fluorochemicals Limited
Chemicals
3 of 8 independent; the one-half rule needs 4filed short since June 2026 or earlier
1 seatConfirmed
Value Industries Limited
Consumer Durables
0 of 1 independent; the one-third rule needs 1filed short since June 2026 or earlier
1 seatConfirmed
Venmax Drugs And Pharmaceuticals Ltd
Healthcare
2 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
1 seatConfirmed
Thdc India Limited
Listed company
2 of 7 independent; the one-half rule needs 4filed short since December 2025 or earlier
2 seatsConfirmedGovernment appointment route
Indian Oil Corporation Limited
Oil, Gas & Consumable Fuels · Top 100
0 of 8 independent; the one-half rule needs 4filed short since March 2026 or earlier
4 seatsConfirmedGovernment appointment route
Iti Limited
Telecommunication · Top 100
1 of 4 independent; the one-half rule needs 2filed short since March 2026 or earlier
1 seatConfirmedGovernment appointment route
Oil & Natural Gas Corporation Limited
Oil, Gas & Consumable Fuels · Top 100
0 of 9 independent; the one-half rule needs 5filed short since March 2026 or earlier
5 seatsConfirmedGovernment appointment route
Punjab National Bank
Financial Services · Top 100
2 of 8 independent; the one-half rule needs 4filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Rail Vikas Nigam Limited
Construction · Top 100
1 of 8 independent; the one-half rule needs 4filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
State Bank of India
Financial Services · Top 100
4 of 11 independent; the one-half rule needs 6filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Bank of Maharashtra
Financial Services · Top 500
2 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Beml Limited
Capital Goods · Top 500
0 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
4 seatsConfirmedGovernment appointment route
Central Bank of India
Financial Services · Top 500
1 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
Cochin Shipyard Limited
Capital Goods · Top 500
1 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Container Corporation Of India Limited
Services · Top 500
1 of 8 independent; the one-half rule needs 4filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
Engineers India Limited
Construction · Top 500
2 of 9 independent; the one-half rule needs 5filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
General Insurance Croporation of India
Financial Services · Top 500
0 of 4 independent; the one-half rule needs 2filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Hindustan Copper Limited
Metals & Mining · Top 500
0 of 5 independent; the one-third rule needs 2filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Hindustan Petroleum Corporation Limited
Oil, Gas & Consumable Fuels · Top 500
1 of 8 independent; the one-half rule needs 4filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
Indian Renewable Energy Development Agency Limited
Financial Services · Top 500
0 of 3 independent; the one-half rule needs 2filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Mazagon Dock Shipbuilders Limited
Capital Goods · Top 500
1 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
National Aluminium Company Limited
Metals & Mining · Top 500
0 of 8 independent; the one-half rule needs 4filed short since March 2026 or earlier
4 seatsConfirmedGovernment appointment route
Nbcc (India) Limited
Construction · Top 500
1 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Nhpc Limited
Power · Top 500
0 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
NLC India Limited
Power · Top 500
0 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
4 seatsConfirmedGovernment appointment route
Nmdc Limited
Metals & Mining · Top 500
3 of 10 independent; the one-half rule needs 5filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Oil India Limited
Oil, Gas & Consumable Fuels · Top 500
1 of 8 independent; the one-half rule needs 4filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
Petronet Lng Limited
Oil, Gas & Consumable Fuels · Top 500
4 of 13 independent; the one-third rule needs 5filed short since March 2026 or earlier
1 seatConfirmedGovernment appointment route
Punjab & Sind Bank
Financial Services · Top 500
1 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
RailTel Corporation of India Limited
Telecommunication · Top 500
1 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
Rites Limited
Construction · Top 500
2 of 8 independent; the one-half rule needs 4filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
SJVN Limited
Power · Top 500
0 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
The Fertilizers and Chemicals Travancore Limited
Chemicals · Top 500
0 of 3 independent; the one-half rule needs 2filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Balmer Lawrie & Company Limited
Diversified · Top 1000
0 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
Hmt Limited
Capital Goods · Top 1000
1 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Rashtriya Chemicals and Fertilizers Limited
Chemicals · Top 1000
1 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
The Orissa Minerals Development Company Limited
Metals & Mining · Top 1000
0 of 5 independent; the one-half rule needs 3filed short since March 2026 or earlier
3 seatsConfirmedGovernment appointment route
Andrew Yule & Company Limited
Fast Moving Consumer Goods · Top 2000
1 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Balmer Lawrie Investments Ltd.
Financial Services · Top 2000
0 of 3 independent; the one-third rule needs 1filed short since March 2026 or earlier
1 seatConfirmedGovernment appointment route
Bharat Coking Coal Limited
Oil, Gas & Consumable Fuels
0 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
4 seatsConfirmedGovernment appointment route
Central Mine Planning & Design Institute Limited
Services
0 of 7 independent; the one-half rule needs 4filed short since March 2026 or earlier
4 seatsConfirmedGovernment appointment route
Tamil Nadu Telecommunication Limited
Telecommunication
1 of 6 independent; the one-half rule needs 3filed short since March 2026 or earlier
2 seatsConfirmedGovernment appointment route
Bank Of Baroda
Financial Services · Top 100
3 of 10 independent; the one-half rule needs 5filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Bharat Electronics Limited
Capital Goods · Top 100
3 of 12 independent; the one-half rule needs 6filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
Bharat Petroleum Corporation Limited
Oil, Gas & Consumable Fuels · Top 100
0 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
Coalindialimited
Oil, Gas & Consumable Fuels · Top 100
1 of 8 independent; the one-half rule needs 4filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
Gail (India) Limited
Oil, Gas & Consumable Fuels · Top 100
2 of 9 independent; the one-half rule needs 5filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
Hindustan Aeronautics Limited
Capital Goods · Top 100
2 of 8 independent; the one-half rule needs 4filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Indian Railway Finance Corporation Limited
Financial Services · Top 100
2 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
1 seatConfirmedGovernment appointment route
Mishra Dhatu Nigam Limited
Capital Goods · Top 100
2 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
1 seatConfirmedGovernment appointment route
NTPC Limited
Power · Top 100
5 of 13 independent; the one-half rule needs 7filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Power Finance Corporation Limited
Financial Services · Top 100
1 of 5 independent; the one-half rule needs 3filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
REC Limited
Financial Services · Top 100
1 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Bharat Dynamics Limited
Capital Goods · Top 500
3 of 8 independent; the one-half rule needs 4filed short since June 2026 or earlier
1 seatConfirmedGovernment appointment route
Bharat Heavy Electricals Limited
Capital Goods · Top 500
0 of 7 independent; the one-half rule needs 4filed short since June 2026 or earlier
4 seatsConfirmedGovernment appointment route
Canara Bank
Financial Services · Top 500
3 of 10 independent; the one-half rule needs 5filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Chennai Petroleum Corporation Limited
Oil, Gas & Consumable Fuels · Top 500
1 of 11 independent; the one-half rule needs 6filed short since June 2026 or earlier
5 seatsConfirmedGovernment appointment route
Gareden Reach Shipbuilders & Engineers Limited
Capital Goods · Top 500
1 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Housing & Urban Development Corporation Limited
Financial Services · Top 500
0 of 5 independent; the one-half rule needs 3filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
Indian Bank
Financial Services · Top 500
3 of 9 independent; the one-half rule needs 5filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Indian Railway Catering and Tourism Corporation Limited
Consumer Services · Top 500
1 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Ircon International Limited
Construction · Top 500
2 of 8 independent; the one-half rule needs 4filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Mangalore Refinery and Petrochemicals Limited
Oil, Gas & Consumable Fuels · Top 500
3 of 10 independent; the one-half rule needs 5filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
MMTC Limited
Services · Top 500
0 of 5 independent; the one-half rule needs 3filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
Steel Authority of India Limited
Metals & Mining · Top 500
1 of 10 independent; the one-half rule needs 5filed short since June 2026 or earlier
4 seatsConfirmedGovernment appointment route
The New India Assurance Company Limited
Financial Services · Top 500
1 of 5 independent; the one-half rule needs 3filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Mahanagar Telephone Nigam Limited
Telecommunication · Top 1000
0 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
Moil Limited
Metals & Mining · Top 1000
2 of 7 independent; the one-half rule needs 4filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
National Fertilizers Limited
Chemicals · Top 1000
2 of 8 independent; the one-half rule needs 4filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route
Shipping Corporation of India Limited
Services · Top 1000
1 of 8 independent; the one-half rule needs 4filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
Hindustan Organic Chemicals Limited
Chemicals · Top 2000
2 of 6 independent; the one-half rule needs 3filed short since June 2026 or earlier
1 seatConfirmedGovernment appointment route
Gujarat State Financial Corporation
Financial Services
0 of 7 independent; the one-third rule needs 3filed short since June 2026 or earlier
3 seatsConfirmedGovernment appointment route
The State Trading Corporation of India Limited
Services
0 of 4 independent; the one-half rule needs 2filed short since June 2026 or earlier
2 seatsConfirmedGovernment appointment route

70 woman-director shortfalls

Every listed company must have a woman director (Companies Act s.149(1)); the top 1,000 by market value must have an independent woman director (SEBI LODR Reg 17(1)(a)). These boards fall short in their latest filing and the quarter before. Where the same board is also short of independent directors, an independent woman fills both, so the urgent-seat figure counts that seat once.

Jaiprakash Associates Limited
Construction · Top 2000
No woman on a board of 9filed since December 2025 or earlier
Confirmed
Bharat Sanchar Nigam Limited
Listed company
No woman on a board of 10filed since December 2025 or earlier
Confirmed
Hindustan Fluorocarbons Limited
Chemicals
No woman on a board of 4filed since December 2025 or earlier
Confirmed
Nitin Fire Protection Industries Limited
Capital Goods
No woman on a board of 3filed since December 2025 or earlier
Confirmed
R.P.P Infra Projects Limited
Construction · Top 100
No independent woman on a board of 8filed since March 2026 or earlier
Confirmed
Nmdc Steel Limited
Metals & Mining · Top 500
No woman on a board of 7filed since March 2026 or earlier
Confirmed
India Tourism Development Corporation Limited
Consumer Services · Top 1000
No independent woman on a board of 5filed since March 2026 or earlier
Confirmed
Unitech Limited
Realty · Top 1000
No woman on a board of 5filed since March 2026 or earlier
Confirmed
Bls Infotech Limited
Information Technology
No woman on a board of 6filed since March 2026 or earlier
Confirmed
Colorchlips New Media Limited
Media, Entertainment & Publication
No woman on a board of 3filed since March 2026 or earlier
Confirmed
Compuage Infocom Limited
Information Technology
No woman on a board of 2filed since March 2026 or earlier
Confirmed
Futura Polyesters Ltd
Textiles
No woman on a board of 3filed since March 2026 or earlier
Confirmed
Innovatus Entertainment Networks Ltd
Consumer Services
No woman on a board of 4filed since March 2026 or earlier
Confirmed
Maagh Advertising and Marketing Services Ltd
Media, Entertainment & Publication
No woman on a board of 6filed since March 2026 or earlier
Confirmed
Niwas Spinning Mills Ltd
Textiles
No woman on a board of 3filed since March 2026 or earlier
Confirmed
Poddar Housing and Develipment Limited
Realty
No woman on a board of 3filed since March 2026 or earlier
Confirmed
Pressure Sensitive Systems India Limited
Textiles
No woman on a board of 4filed since March 2026 or earlier
Confirmed
Shree Hanuman Sugar & Industries Ltd
Fast Moving Consumer Goods
No woman on a board of 3filed since March 2026 or earlier
Confirmed
IFCI Limited
Financial Services · Top 500
No woman on a board of 8filed since June 2026 or earlier
Confirmed
Hemisphere Properties India Ltd
Services · Top 1000
No independent woman on a board of 6filed since June 2026 or earlier
Confirmed
Shipping Corporation of India Land and Assets Limited
Financial Services · Top 1000
No woman on a board of 3filed since June 2026 or earlier
Confirmed
Gvk Power & Infrastructure Limited
Power · Top 2000
No woman on a board of 3filed since June 2026 or earlier
Confirmed
Videocon Industries Limited
Consumer Durables · Top 2000
No woman on a board of 4filed since June 2026 or earlier
Confirmed
Cmi Limited
Capital Goods
No woman on a board of 2filed since June 2026 or earlier
Confirmed
Prabhat Technologies (India) Ltd2
Consumer Services
No woman on a board of 5filed since June 2026 or earlier
Confirmed
Sanwaria Consumer Limited
Fast Moving Consumer Goods
No woman on a board of 3filed since June 2026 or earlier
Confirmed
Value Industries Limited
Consumer Durables
No woman on a board of 1filed since June 2026 or earlier
Confirmed
Thdc India Limited
Listed company
No woman on a board of 7filed since December 2025 or earlier
ConfirmedGovernment appointment route
Indian Oil Corporation Limited
Oil, Gas & Consumable Fuels · Top 100
No independent woman on a board of 8filed since March 2026 or earlier
ConfirmedGovernment appointment route
Indian Overseas Bank
Financial Services · Top 100
No independent woman on a board of 7filed since March 2026 or earlier
ConfirmedGovernment appointment route
Iti Limited
Telecommunication · Top 100
No independent woman on a board of 4filed since March 2026 or earlier
ConfirmedGovernment appointment route
Oil & Natural Gas Corporation Limited
Oil, Gas & Consumable Fuels · Top 100
No woman on a board of 9filed since March 2026 or earlier
ConfirmedGovernment appointment route
Rail Vikas Nigam Limited
Construction · Top 100
No independent woman on a board of 8filed since March 2026 or earlier
ConfirmedGovernment appointment route
Bank of Maharashtra
Financial Services · Top 500
No woman on a board of 7filed since March 2026 or earlier
ConfirmedGovernment appointment route
Central Bank of India
Financial Services · Top 500
No woman on a board of 7filed since March 2026 or earlier
ConfirmedGovernment appointment route
Engineers India Limited
Construction · Top 500
No woman on a board of 9filed since March 2026 or earlier
ConfirmedGovernment appointment route
General Insurance Croporation of India
Financial Services · Top 500
No independent woman on a board of 4filed since March 2026 or earlier
ConfirmedGovernment appointment route
Hindustan Copper Limited
Metals & Mining · Top 500
No woman on a board of 5filed since March 2026 or earlier
ConfirmedGovernment appointment route
Hindustan Petroleum Corporation Limited
Oil, Gas & Consumable Fuels · Top 500
No independent woman on a board of 8filed since March 2026 or earlier
ConfirmedGovernment appointment route
Indian Renewable Energy Development Agency Limited
Financial Services · Top 500
No woman on a board of 3filed since March 2026 or earlier
ConfirmedGovernment appointment route
National Aluminium Company Limited
Metals & Mining · Top 500
No independent woman on a board of 8filed since March 2026 or earlier
ConfirmedGovernment appointment route
Nbcc (India) Limited
Construction · Top 500
No woman on a board of 6filed since March 2026 or earlier
ConfirmedGovernment appointment route
Nhpc Limited
Power · Top 500
No woman on a board of 5filed since March 2026 or earlier
ConfirmedGovernment appointment route
NLC India Limited
Power · Top 500
No woman on a board of 7filed since March 2026 or earlier
ConfirmedGovernment appointment route
Nmdc Limited
Metals & Mining · Top 500
No woman on a board of 10filed since March 2026 or earlier
ConfirmedGovernment appointment route
Oil India Limited
Oil, Gas & Consumable Fuels · Top 500
No woman on a board of 8filed since March 2026 or earlier
ConfirmedGovernment appointment route
Punjab & Sind Bank
Financial Services · Top 500
No woman on a board of 6filed since March 2026 or earlier
ConfirmedGovernment appointment route
Rites Limited
Construction · Top 500
No woman on a board of 8filed since March 2026 or earlier
ConfirmedGovernment appointment route
Balmer Lawrie & Company Limited
Diversified · Top 1000
No woman on a board of 6filed since March 2026 or earlier
ConfirmedGovernment appointment route
Hmt Limited
Capital Goods · Top 1000
No independent woman on a board of 5filed since March 2026 or earlier
ConfirmedGovernment appointment route
Balmer Lawrie Investments Ltd.
Financial Services · Top 2000
No woman on a board of 3filed since March 2026 or earlier
ConfirmedGovernment appointment route
Bharat Coking Coal Limited
Oil, Gas & Consumable Fuels
No woman on a board of 7filed since March 2026 or earlier
ConfirmedGovernment appointment route
Central Mine Planning & Design Institute Limited
Services
No woman on a board of 7filed since March 2026 or earlier
ConfirmedGovernment appointment route
Bharat Petroleum Corporation Limited
Oil, Gas & Consumable Fuels · Top 100
No woman on a board of 6filed since June 2026 or earlier
ConfirmedGovernment appointment route
Hindustan Aeronautics Limited
Capital Goods · Top 100
No independent woman on a board of 8filed since June 2026 or earlier
ConfirmedGovernment appointment route
Mishra Dhatu Nigam Limited
Capital Goods · Top 100
No independent woman on a board of 6filed since June 2026 or earlier
ConfirmedGovernment appointment route
Power Finance Corporation Limited
Financial Services · Top 100
No independent woman on a board of 5filed since June 2026 or earlier
ConfirmedGovernment appointment route
Bharat Heavy Electricals Limited
Capital Goods · Top 500
No independent woman on a board of 7filed since June 2026 or earlier
ConfirmedGovernment appointment route
Chennai Petroleum Corporation Limited
Oil, Gas & Consumable Fuels · Top 500
No woman on a board of 11filed since June 2026 or earlier
ConfirmedGovernment appointment route
Gareden Reach Shipbuilders & Engineers Limited
Capital Goods · Top 500
No woman on a board of 6filed since June 2026 or earlier
ConfirmedGovernment appointment route
Housing & Urban Development Corporation Limited
Financial Services · Top 500
No woman on a board of 5filed since June 2026 or earlier
ConfirmedGovernment appointment route
Indian Bank
Financial Services · Top 500
No independent woman on a board of 9filed since June 2026 or earlier
ConfirmedGovernment appointment route
Indian Railway Catering and Tourism Corporation Limited
Consumer Services · Top 500
No woman on a board of 6filed since June 2026 or earlier
ConfirmedGovernment appointment route
Kiocl Limited
Metals & Mining · Top 500
No woman on a board of 5filed since June 2026 or earlier
ConfirmedGovernment appointment route
Mangalore Refinery and Petrochemicals Limited
Oil, Gas & Consumable Fuels · Top 500
No independent woman on a board of 10filed since June 2026 or earlier
ConfirmedGovernment appointment route
MMTC Limited
Services · Top 500
No independent woman on a board of 5filed since June 2026 or earlier
ConfirmedGovernment appointment route
Steel Authority of India Limited
Metals & Mining · Top 500
No woman on a board of 10filed since June 2026 or earlier
ConfirmedGovernment appointment route
The New India Assurance Company Limited
Financial Services · Top 500
No independent woman on a board of 5filed since June 2026 or earlier
ConfirmedGovernment appointment route
Uco Bank
Financial Services · Top 500
No woman on a board of 7filed since June 2026 or earlier
ConfirmedGovernment appointment route
Mahanagar Telephone Nigam Limited
Telecommunication · Top 1000
No woman on a board of 6filed since June 2026 or earlier
ConfirmedGovernment appointment route

How a seat is confirmed

An exit is listed only when the director’s appointment and reappointment dates mark a genuine second term under the 2013 Act, the same dates appear in at least two of the company’s filings, the director has never been filed as non-independent there, and every version of the latest filing agrees. Tested against a year of filings, this rule was right 98% of the time. A shortfall is listed only when it holds in every version of the latest filing and in the previous quarter’s. First-term renewals, directors turning 75 and departures that the board has already replaced are not on this register: none of them obliges a company to appoint. Register as at 26 Oct 2026.