At least four key business groups will vote against the ASX’s proposed new governance rules for listed companies that include personal disclosures by directors on diversity – effectively killing off any chance of consensus on the plan.

The 19 members of the ASX Corporate Governance Council, which includes business, investor and superannuation groups, had been asked to formally respond by Tuesday to the latest iteration of the proposed rules, which have split the council on a range of fronts including contentious changes on diversity reporting.