The notification announces the appointment of Shri Kamlesh Chandra Varshney, IRS (IT:1990), as a Whole Time Member of the Securities and Exchange Board of India (SEBI).
Key Changes
Shri Kamlesh Chandra Varshney is appointed as a Whole Time Member of SEBI.
The appointment is effective from the date he assumes charge of the post.
The term of appointment is for a period of three years or until further orders, whichever is earlier.
Shri Varshney is currently serving as Joint Secretary, Department of Revenue, Government of India.
Impact Analysis
Impact on SEBI
Action Item: SEBI to facilitate the smooth onboarding and integration of Shri Varshney into his new role.
Impact on Financial Markets
Action Item: Market participants to stay informed about any policy changes or initiatives introduced by SEBI with the new member's involvement.
Impact on Department of Revenue
Action Item: Department of Revenue to ensure a smooth transition of responsibilities previously held by Shri Varshney.
Key Entities Referenced
Securities and Exchange Board of India (SEBI): The regulatory body for the securities market in India.
Shri Kamlesh Chandra Varshney: The newly appointed Whole Time Member of SEBI, previously Joint Secretary, Department of Revenue, Government of India.
Central Government: The appointing authority for the Whole Time Member of SEBI.
Department of Revenue, Government of India: The previous employer of Shri Kamlesh Chandra Varshney.
Securities and Exchange Board of India Act, 1992 (15 of 1992): The legislation that empowers the Central Government to appoint members to SEBI.
Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992: The rules governing the terms and conditions of service for the Chairman and members of SEBI.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एxलxx.-GअID.-H1x6x0x8 2023-248122
CG-DLxx-xEG-I1D6E0x8x2x0 23-248122
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 3505] नई दिल्ली, बुधिार, अगस्ट्त 16, 2023/श्रािण 25, 1945
No. 3505] NEW DELHI, WEDNESDAY, AUGUST 16, 2023/SHRAVANA 25, 1945
जित्त मंत्रालय
(आर्थकि काय िजिभाग)
(जित्तीय बािार प्रभाग)
अजधसचू ना
नई दिल्ली, 16 अगस्ट् त, 2023
का.आ. 3664(अ).—भारतीय प्रजतभूजत और जिजनमय बोड ि (अध् यक्ष एि ं सिस्ट् यों की पिािजध और सेिा ितें)
जनयमािली, 1992 के जनयम 3 के साथ पठित भारतीय प्रजतभूजत और जिजनमय बोड ि अजधजनयम, 1992 (1992 का 15)
की धारा 4 की उप-धारा 1(घ) और उप-धारा 4 द्वारा प्रित्त िजियों का प्रयोग करत े हुए, केंद्र सरकार एतिद्व् ारा श्री
कमलेि चन्द्द्र िार्ष्णेय, आईआरएस (आईटी:1990), संयक्ु त सजचि, रािस्ट्ि जिभाग, भारत सरकार, को भारतीय प्रजतभूजत
और जिजनमय बोडि के पणू िकाजलक सिस्ट्य के पि पर, कायिभार ग्रहण करने की जतजथ स े तीन िर्ि की अिजध के जलए अथिा
अगले आिेिों तक, इसम ें स े िो भी पहले हो, जनयुक्त करती ह।ै
[फा. सं. 2/1/2021-आर.ई. ]
सुरजभ िैन, संयुक् त सजचि
5281 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Economic Affairs)
(FINANCIAL MARKET DIVISION)
NOTIFICATION
New Delhi, the 16th August, 2023
S.O. 3664(E).—In exercise of the powers conferred by sub-section (1)(d) and sub-section (4) of section 4 of
the Securities and Exchange Board of India Act, 1992 (15 of 1992), read with rule 3 of the Securities and Exchange
Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992, the Central Government
hereby appoints Shri Kamlesh Chandra Varshney, IRS (IT:1990), Joint Secretary, Department of Revenue,
Government of India as Whole Time Member of the Securities and Exchange Board of India, for a period of three
years from the date of assumption of charge of the post, or until further orders, whichever is earlier.
[F. No. 2/1/2021-RE]
SURBHI JAIN, Jt. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.