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Age diversity in boards only theoretical, rues ex-SEBI chief March 09, 2021 Former SEBI chairman M Damodaran× In 2019-20, no firm identified any missing competence at directors’ level, finds a study by Damodaran-founded think-tank Are the boards of India’s top 50 listed companies lacking in young minds as independent directors? According to a corporate governance study by Excellence Enablers, a corporate governance think-tank founded by former SEBI chairman M Damodaran, just about 5 per cent or 14 of the 279 independent directors on the boards of top 50 listed companies that constitute Nifty index are under 50. And, many of them are set to cross 50 very soon, the study shows. ....