The benefits of gender diversity in dispute resolution and corporate success are attracting more attention to the topic in academic circles. The quality of corporate governance and decision-making has been found to increase when boards are more diverse and include both men and women. Having women on a board increases the variety of ideas and experiences discussed, which enhances the quality of board decisions. It has been observed that a diverse board is associated with better corporate governance. It is heartening to see more Indian corporations going beyond regulatory requirements by adding women to their boards of directors, since the Indian market regulator has set a precedent by mandating a particular number of women to serve on corporate boards. The study examines the current state of gender compositions of the boards of the NIFTY-500 companies in India, as well as other aspects of board diversity such as committee chairpersonship, leadership roles, and director tenure.