During an interaction with the media, Limaye said that his first immediate priority is to sort out regulatory issues. He also clarified that the exchange will go public only once the regulatory issues are sorted out.
Limaye's appointment has come at a time when the company is fighting allegations that it gave some of its clients’ preferential access to servers at its co-location centre between 2010 and 2014.
Vikram Limaye was selected by the board of NSE in February, following the exit of Chitra Ramkrishna in December last year. In March, shareholders of the exchange approved the appointment. In June, SEBI approved Limaye’s appointment, subject to his resignation from a Supreme Court-appointed cricket committee.
Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.
- Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
- Now Save Rs.3150 on your Demat Account ...Click here
- Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
- Get the most detailed result analysis on the web - Real Fast!
- Actionable & Award-Winning Research on 500 Listed Indian Companies.