CosmicTaco

Search Begins for Next Sebi Chief, Extension for Buch Possible

CosmicTaco · 2024-10-07T17:09:15.367286+05:30

- Government has initiated the search for the next chairperson of Securities Exchange Board of India (Sebi). - Current chairperson Madhabi Puri Buch's tenure ends on February 28, 2025. - Possibility of Buch getting an extension cannot be ruled out. - Premature termination of Buch as Sebi chief has been ruled out. - Buch is facing allegations regarding her investments in offshore funds linked to the Adani Group. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/mc-exclusive-search-for-the-next-sebi-chief-may-have-started-say-sources-12837303.html)

Government has initiated the search for the next chairperson of Securities Exchange Board of India (Sebi).
Current chairperson Madhabi Puri Buch's tenure ends on February 28, 2025.
Possibility of Buch getting an extension cannot be ruled out.
Premature termination of Buch as Sebi chief has been ruled out.
Buch is facing allegations regarding her investments in offshore funds linked to the Adani Group.

Source: Moneycontrol