Market regulator Securities and Exchange Board of India (SEBI) has approved the appointment of Pramod Agrawal as the chairman and public interest director of Bombay Stock Exchange (BSE), the bourse said in an exchange filing. SEBI’s stamp of approval comes after the BSE’s board approved Agrawal’s appointment on December 13.
BSE said in an exchange filing, “We hereby inform that, the term of Shri S.S Mundra, Chairman and Public Interest Director will be ending on January 16, 2024, in this regard, the Board at its meeting held on December 13, 2023, considered and approved the appointment of Shri Pramod Agrawal, Public Interest Director as the Chairman of the Governing Board, subject to approval of the Securities and Exchange Board of India (“SEBI”).”
Further, it informed of SEBI’s approval via the exchange filing, and said, “SEBI vide letter No. SEBI/HO/MRD/RAC2/P/OW/2023/51098/1 dated December 19, 2023 (received today i.e. December 20, 2023) has granted its approval for appointment of Shri Pramod Agrawal as Chairman on the Governing Board the Company with effect from January 17, 2024.”
Agrawal will be taking over from SS Mundra on January 17, 2024.