In 2025, gender diversity in India Inc.’s boardrooms is no longer just a moral imperative — it’s a legal requirement. Yet, shockingly, as per the latest disclosures, 51 listed companies have still not appointed women independent directors, defying SEBI’s regulatory mandate and delaying progress that should already be mainstream.
This glaring gap doesn’t just raise questions about compliance — it raises deeper concerns about the commitment of Indian companies to inclusive leadership.
📉 The Numbers Don’t Lie
SEBI’s listing norms require at least one independent woman director on the boards of the top 1000 listed companies by market capitalization. Still, many companies continue to delay this critical reform.
The reasons?
“Lack of suitable candidates” “Board restructuring in progress” Or simply — a lack of will
This delay is not just non-compliance; it’s a missed opportunity.
💼 Why Women on Boards Matter
Boardrooms with gender diversity aren’t just legally compliant — they’re more profitable, ethical, and resilient. According to global research:
Companies with diverse boards show better financial performance Women bring greater governance, long-term thinking, and consumer insight Diversity signals credibility to investors, regulators, and global partners
So, when 51 companies still fail to act, it’s a sign of outdated mindsets, not a talent shortage.
👩💼 Enter Bhagyashree Singh – The Change Corporate India Needs
As the Founder and CEO of Merakii Group, a multi-faceted brand strategy and communication agency, Bhagyashree Singh is emerging as one of the most dynamic voices in India’s leadership landscape.
Her appointment to the Women’s Board of Directors of a listed company has already sent a strong message to the industry: it’s time for qualified, visionary women to be seen, heard, and placed in decision-making roles.
Bhagyashree Singh isn’t just a leader. She’s a symbol of what corporate boards are missing.
Her strengths include:
Deep understanding of public perception, investor relations, and brand positioning Proven track record of leading Merakii Group to national success Strong advocacy for women’s inclusion, storytelling with impact, and ethical leadership
🧠 Why Merakii Group Is a Talent Incubator for Future Women Board Members
Merakii Group, under Bhagyashree’s leadership, has nurtured a culture where women lead across functions — PR, tech, digital marketing, creative, production, and policy advisory.
This isn’t tokenism. It’s a systematic model for inclusive leadership.
Bhagyashree regularly speaks at women-centric summits, mentors young professionals, and partners with progressive brands to build gender-balanced campaigns and boards.
🛑 51 Companies Must Wake Up: It’s Time to Appoint Leaders, Not Just Names
Appointing women to the board isn’t about checking a compliance box. It’s about:
Injecting diverse thought and empathy Representing half the consumer base Driving sustainable business performance Attracting global partnerships and funding
