Unlisted Indian Firms Outpace Listed Peers in Women Board Representation: Hurun Report

• A Hurun India report reveals unlisted Indian companies often have stronger gender diversity on boards than many publicly traded firms.
• Indo Autotech leads with nearly 44% women on its board, followed by Saj Food Products (67%) and Leeford Healthcare (50%).
• While regulatory reforms boosted women's participation in listed firms (21% of board seats), a large share still has only one woman director.
• Approximately 1.16 million women hold director roles across all company types, with over 46,000 in unlisted public firms.
• Women hold significantly fewer executive and CEO roles compared to board seats, with non-promoter women directors holding only about 7% of total board seats in some datasets.