According to Chapter XI of the Companies Act, 2013, what is the minimum number of independent directors required for a listed public company with more than 1,000 shareholders?
1
At least one-third of the total number of directors must be independent directors.
2
At least one-half of the total number of directors must be independent directors.
3
At least two independent directors, irrespective of the total number of directors.
4
At least three independent directors, irrespective of the total number of directors.
5
At least one-fourth of the total number of directors must be independent directors.