Not Applying For Second Term, Says NSE Chief Vikram Limaye3Photo© business-standard.com

Not Applying For Second Term, Says NSE Chief Vikram Limaye

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NSE Managing Director and CEO Vikram Limaye on Wednesday said that he will not seek a second term at the stock exchange when his five-year term ends in July.

This comes amid the National Stock Exchange (NSE) facing the regulatory probe in a case related to governance lapses at the bourse as well as in the co-location matter.

"I have informed the board that I am not interested in pursuing a second term and will therefore not be applying and participating in the process that is underway. My tenor ends on July 16, 2022," Limaye said in a statement.