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29 August 2017
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 Total Investment
& Insurance Solutions
"The
said re-appointment will be effective subject to shareholders' approval."The Total Investment & Insurance Solutions
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