Indian boardrooms struggling to fill gender quotas by April deadline

More than 450 businesses in India need to find a woman director for their boardrooms before April 1 or be in breach of new diversity rules.

In February 2014 the Securities and Exchange Board of India (SEBI) mandated that listed companies should appoint a woman director but 451 of the 1,479 companies listed on the National Stock Exchange have not met the requirement.

That would mean that for all companies are to be compliant, 45 women directors would have to be appointed everyday for the next ten working days.