Sunday, September 16, 2012

Sebi rejigs primary market advisory panel



Capital market regulator Sebi has reconstituted its Primary Market Advisory Committee (PMAC), which advises it on issues related to regulation and development of IPOs and other primary market segments. The panel would be chaired by T V Mohandas Pai, formerly a senior executive at IT giant Infosys aThe other members of the 18-member panel include BSE interim CEO Ashish Chauhan, Tata Steel Group CFO Koushik Chatterjee, Morgan Stanley India CEO P J Nayak, Crisil Managing Director and CEO Roopa Kudva and Kotak Mahindra Bank chief Uday Kotak. The panel would also have three representatives from Sebi, Executive Directors S Ravindran and J Ranganayakulu, Ministry of Finance Director (Primary Markets) Ramesh Krishnamurthi and RBI Chief General Manager K K Vohra.

Source: Business Standard

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