For professionals with 10+ years of experience in the corporate sector

Become an Independent Director and Get Paid In Lakhs Just For Attending Board Meetings

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Every listed company, a large public company with paid up share capital in excess of INR 10 crores or turnover of more than INR 100 crores or outstanding loans, debentures and deposits is more than INR 50 crore or a funded startup which plans to do an IPO, must appoint at least one-third independent directors to its board if its a public listed company and at least 2 independent directors if its a public unlisted company.

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3 Secrets You Need To Know

That Nobody Is Telling you!

Being an independent director is a part-time gig which does not conflict with your existing work.

First thing to understand: being an independent director is a part time gig. You don’t get a salary, you get sitting fees for attending meetings.

There's currently a shortage of independent directors. 30K independent directors are needed now, and 1 lakh by 2030, as per our calculations

The number is fast increasing given explosive growth in IPOs. This number will multiply more than 3x in the next 10 years thanks to India’s scorching fast economic growth and booming capital markets – as market capitalisation will triple. 

Please be clear about one market reality if you wish to be appointed as an Independent Director. Promoters tend to choose independent directors with strong personal brands because it improves the company's image and can lead to higher share prices. And the good news is, we will discuss how you can also build one in our mini course.

If a company appoints an unknown person as Independent Director, whose personal brand is not discoverable, the market assumes that it is a person who is not reliable and might be close to the promoters and appointed for that reason. As a result, the stock price can be affected.

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