In the case of an Executive Chairman, what is the minimum percentage of Independent Directors required…

Under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 17) and the Companies Act, 2013, if the Chairperson of the Board of Directors is an Executive Chairperson (or a promoter/person related to a promoter), at least half (50%) of the Board of Directors must comprise Independent Directors. If the Chairperson is a non-executive non-promoter director, at least one-third of the Board must be independent.