Small Shareholder Director

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26 Points Posted on 09 March 2020
If a listed company is already having a Small Shareholder Director (SSD) then can such SSD be considered for a count of number of independent directors in such listed company?
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On 09 March 2020 at 19:42 Report
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This discussion explores whether a Small Shareholder Director (SSD) can be counted towards the total number of independent directors in a listed company. While an SSD doesn't automatically qualify as independent, they can be counted if they meet the specific criteria for an independent director. Small shareholders, defined as those holding shares up to a nominal value of Rs 20,000, have the right to elect an SSD to represent their interests.

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CFO- at NHTF
58280 Points Posted on 09 March 2020
SSD need not be independent director..

SSD must full fill certain criteria to become independent director.If SSD is an independent director then can be counted ..
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On 09 March 2020 at 20:00
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19 Points Posted on 20 December 2022

A small shareholder is a person who is holding shares of nominal value amounting to a maximum of Rs 20,000 in a public company. Small shareholders are entitled to elect a director in a listed company. The directors elected by these shareholders inflatable boat in Dubai will be known as a 'Small Shareholders Director'.

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On 20 December 2022 at 13:14

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