Ajay Tyagi was on Wednesday given an 18-month extension, until February 2022, because the chairman of markets regulator SEBI, in accordance with a Personnel Ministry order. The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi has permitted extension of Tyagi’s time period for 18 months, with impact from September 1, 2020 as much as February 28, 2020, it mentioned.
Mr Tyagi, a 1984 batch IAS (retired) officer of Himachal Pradesh cadre, was appointed because the SEBI chairman in March 2017 for 3 years. He was in March this yr given a six-month extension until August.
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