Mumbai Aug 28 (IANS) Stock exchange major BSE on Monday said its board has approved a five-year extension for its Managing Director and CEO Ashishkumar Chauhan subject to shareholders approval.
According to the BSE the company s board had approved Chauhan s re-appointment as at its meeting on August 3 2017. The extended term starts from November 2 2017 and will run to November 1 2022.
The company at that time saught regulatory clearence from Sebi.
"BSE Limited is pleased to announce that Sebi has given its no objection to the re-appointment of Ashishkumar Chauhan as Managing Director & CEO of the company vide its approval letter dated August 24 2017 " the company said in a statement.
"The said re-appointment will be effective subject to shareholders approval."
--IANS
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