primedirectors.com - A platform for Independent Directors
Meta Description
All Indian listed companies( more than 9000) are required to comply with the Listing Agreement by 31 December 2005, which mandates that Independent Directors should constitute 50% of their Boards, otherwise they will face severe penalties. An estimate puts the requirement of Independent Directors at over 30,000. However, how do listed companies go about finding Independent Directors-besides word-of- mouth? On the other hand, how do thousands of professionals who are competent and willing to become Independent Directors let the listed companies know about themselves? primedirectors.com is a free-of-charge platform both for the professionals to enroll themselves for the independent directorship of listed companies and for the listed companies looking for independent directors to search for these professionals. Complete confidentiality is provided both to the professional and to the listed companies.