Explore Business Standard
NSE Listing
Shares of NMDC Steel Limited on Monday got listed on the stock exchanges -- BSE and NSE. The equity shares of the company was also listed on the Calcutta Stock Exchange, NMDC Steel said in a regulatory filing. "The equity shares of NMDC Steel commenced listing and trading today at BSE and NSE," it said. The stock got listed at Rs 30.25 apiece on the BSE. It settled 4.96 per cent higher at Rs 31.75 per share. On the NSE, the company shares debut at Rs 30.25 and closed 4.95 per cent higher. The company's market valuation stood at Rs 9,304.67 crore on the BSE. NMDC Steel is a newly formed entity post its demerger from mining giant NMDC Limited.
Gender diversity in boardrooms is picking up, though at a slower pace, with women accounting for nearly 18 per cent of the directorships in the top 500 NSE-listed companies at the end of March this year, according to a study. In the study titled 'Corporate India: Women on boards', proxy advisory firm Institutional Investor Advisory Services (IiAS) on Tuesday said that at a global level, boardroom diversity continues to improve with an average of almost 24 per cent female representation in corporate boardrooms. "India also has progressed in appointing women on company boards; from 6 per cent in 2014 to 14 per cent five years ago. Women now account for 17.6 per cent of directorships of the Nifty-500 companies. "Although the number of women directorships is increasing, the pace of new appointments has faltered with just an aggregate 1 per cent increase over the last three years. Based on these current rates, India will take till 2058 to achieve 30 per cent gender diversity on boards,"