Corporate Governance Scorecard
Self-assessment of board governance practices — informational score.
The Corporate Governance Scorecard is a self-assessment of your company's board composition, processes, and reporting and transparency practices, going beyond statutory compliance. It produces an informational score. It is for founders, directors and boards who want to review the governance practices that investors, lenders, partners and regulators look at.
Use the Corporate Governance Scorecard
Board Composition
Processes
Reporting & Transparency
Governance Score
0%
Self-assess your company's corporate governance practices beyond mere statutory compliance. A high score signals good governance to investors, lenders, partners and regulators.
Why governance matters:
- Investor confidence: Strong governance is a precondition for serious VC / PE investment.
- Banking relationships: Banks scrutinise governance for term loans, working capital, ECB.
- Director protection: Documented processes help directors show they have met their duties under Sec 166 and the related party transaction requirements of Sec 188.
- Statutory triggers: Listed companies must have at least one-third independent directors (Sec 149(4)). Public companies with paid-up capital ≥ Rs 10 Cr, turnover ≥ Rs 100 Cr, or aggregate outstanding loans, debentures and deposits > Rs 50 Cr must have at least two (Rule 4, Companies (Appointment and Qualification of Directors) Rules, 2014). Unlisted public companies that are joint ventures, wholly owned subsidiaries or dormant companies are exempt.
- Woman director: At least one is mandatory for every listed company and every other public company with paid-up capital ≥ Rs 100 Cr or turnover ≥ Rs 300 Cr, as per the latest audited financial statements (Rule 3).
- CSR (Sec 135): Mandatory if net worth ≥ Rs 500 Cr OR turnover ≥ Rs 1,000 Cr OR net profit ≥ Rs 5 Cr during the immediately preceding FY.
Important note: This tool provides an indicative output only. It does not factor in every special provision, surcharge, exception, or recent notification. Verify with the firm before acting on any computation.
Frequently Asked Questions
When is it mandatory to appoint an independent director?
Listed companies must have at least one-third of the board as independent directors under Section 149(4). Under Rule 4 of the Companies (Appointment and Qualification of Directors) Rules, 2014, public companies with paid-up share capital of ₹10 crore or more, turnover of ₹100 crore or more, or aggregate outstanding loans, debentures and deposits exceeding ₹50 crore must have at least two independent directors. Unlisted public companies that are joint ventures, wholly owned subsidiaries or dormant companies are exempt, and private companies are not required to appoint them.
Which companies must have a woman director?
Under Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2014, at least one woman director is required on the board of every listed company and every other public company with paid-up share capital of ₹100 crore or more or turnover of ₹300 crore or more, as per its latest audited financial statements. Other companies may appoint a woman director voluntarily. Board diversity is one of the items considered in this governance scorecard.
How is the governance score calculated?
The scorecard lists 12 practices across board composition, processes and reporting, such as independent directors, documented minutes, a related party transactions policy and SBO declarations. Each ticked item carries equal weight and the score is the percentage ticked: 80% or above is rated strong, 60% adequate, 40% developing, and below 40% shows significant gaps. It is a self-assessment only.
Due in the next 30 days
ROC- Form 8: LLP Statement of Account and Solvency
- AOC-4: Filing of financial statements with ROC
- MSME-1 for Apr–Sep 2026
Full compliance calendar → Statutory dates, which can be extended by notification. General information only.