M Jayshree Vyas First Independent Woman Director of BSE

Bombay Stock Exchange (BSE) has appointed chartered accountant M Jayshree Vyas as its first independent woman director to the board.

• However, BSE has missed the deadline of April 1 which was given to all top 500 listed companies based on their market capitalisation to appoint an independent woman director on their board.

About M Jayshree Vyas:

• Earlier, M Jayshree Vyas worked as the Managing Director of Shree Mahila Sewa Sahakari Bank, Ahmedabad since 1986.
• She had also helped in launching the first financial literacy program in Sewa bank in 2001.

One must know:

• According to the Companies Act, 2013 a certain category of companies should have at least one woman director on board.
• Securities Exchange Board of India (SEBI), in compliance with the provisions of Companies Act 2013, made it mandatory to have at least one woman director on board from October 2014.

Question:

Q. Bombay Stock Exchange (BSE) has appointed whom as its first independent woman director to the board?
a. N Jayshree Vyas
b. P Jayshree Vyas
c. M Jayshree Vyas
d. T Jayshree Vyas