Government approves 6-month extension to the present Chairman of SEBI

Recently, the government has approved a six-month extension to the present Chairman of the Securities and Exchange Board of India (SEBI), Ajay Tyagi.

The Chairman’s term was ending on February 29, which has now been extended to six months from the date or until further orders. Ajay Tyagi replaced the previous Chairman of the Markets Regulator- U K Sinha in 2017.