**Policy Summary:**
This notification, designated S.O. 521(E), issued by the Ministry of Finance, Department of Economic Affairs, Financial Markets Division, announces the appointment of Shri Ajay Tyagi, IAS (HP:1984), as the Chairman of the Securities and Exchange Board of India (SEBI). The appointment, effective from the date he assumes charge, is for an initial period of three years or until further orders, whichever is earlier. This action is taken in exercise of the powers conferred by 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 notification is dated February 17, 2017, and the file number is F.No. 2142016/RE. Praveen Garg, Joint Secretary, is the contact person.
Key Entities Referenced
Securities and Exchange Board of India Act, 1992: An act of the Indian Parliament that establishes the Securities and Exchange Board of India.
Securities and Exchange Board of India: A regulatory body for securities and commodity market in India under the ownership of Ministry of Finance , Government of India.
Ministry of Finance: A ministry in the Government of India responsible for the country's finances.
Department of Economic Affairs: A department within the Ministry of Finance, Government of India.
Ajay Tyagi: IAS officer appointed as Chairman of the Securities and Exchange Board of India (SEBI).
New Delhi: The location of the notification and the place where the Government of India Press is located.
Securities and Exchange Board of India Terms and Conditions of Service of Chairman and Members Rules, 1992: Rules pertaining to the terms and conditions of service for the Chairman and Members of the Securities and Exchange Board of India.
Praveen Garg: Joint Secretary who signed the notification.
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PART II—Section 3—Sub-section (ii)
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िव(cid:7004)त म(cid:7074)ं ालय
(आ(cid:7414)थक काय (cid:6981)िवभाग)
(िव(cid:7004)त ीय बाजार (cid:7079)भाग)
अिधसचू ना
नई (cid:7408)द(cid:7016) ली, 17 फरवरी, 2017
का.आ. 521(अ).—क(cid:7286)(cid:7076)ीय सरकार, भारतीय (cid:7079)ितभूित और िविनमय बोड (cid:6981) (अ(cid:7007) य(cid:6979) और सद(cid:7021) य(cid:7298) क(cid:7409)
पदाविध और शत(cid:7288)) िनयमावली, 1992 के िनयम 3 के साथ प(cid:7407)ठत भारतीय (cid:7079)ितभूित और िविनमय बोड (cid:6981)
अिधिनयम, 1992 (1992 का 15) क(cid:7409) धारा 4 (cid:7367)ारा (cid:7079)द(cid:7004) त शि(cid:6989) तय(cid:7298) का (cid:7079)योग करत े (cid:7263)ए, एत(cid:7375)ारा (cid:7088)ी अजय
(cid:7004) यागी, भारतीय (cid:7079)शासिनक सेवा (िहमाचल (cid:7079)दशे : 1984) को भारतीय (cid:7079)ितभूित और िविनमय बोड (cid:6981) (सेबी) के
अ(cid:7007) य(cid:6979) पद पर उनके काय(cid:6981)भार (cid:7061)हण करने क(cid:7409) तारीख से, (cid:7079)ारंभ म(cid:7286) 03 वष(cid:6981) क(cid:7409) अविध के िलए अथवा अगले आदशे (cid:7298)
तक, इसम(cid:7286) से जो भी पहले हो, िनयु(cid:6989) त करती ह।ै
[फा.सं. 2/14/2016-आरई]
(cid:7079)वीण गग(cid:6981), संयु(cid:6989) त सिचव
921 GI/2017 (1)(cid:32)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(DEPARTMENT OF ECONOMIC AFFAIRS)
(FINANCIAL MARKETS DIVISION)
NOTIFICATION
New Delhi, the 17th February, 2017
S. O. 521 (E).—In exercise of the powers conferred by section 4 of Securities and Exchange Board of India Act,
1992 (15 of 1992) read with rule 3 of Securities and Exchange Board of India (Terms and Conditions of Service of
Chairman and Members) Rules, 1992, the Central Government hereby appoints Shri Ajay Tyagi, IAS(HP:1984) as
Chairman of Securities and Exchange Board of India (SEBI) initially for a period of 03 years from the date he assumes
charge of the post, or until further orders, whichever is earlier.
[F.No. 2/14/2016-RE]
PRAVEEN GARG, 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.