| A BSE official spokesperson said, "There is an independent committee which is looking for the replacement for (outgoing CEO) Manoj Vaish and there is nothing for the exchange to comment." |
| Business Standard had earlier reported that the exchange has received more than 100 applications for the post of executive director and CEO. |
| According to sources, seven to eight individuals have been shortlisted and the final selection is expected by September 15. |
| The selection committee comprises senior Securities and Exchange Board of India official Jagdish Capoor; HDFC chairman Deepak Parekh; State Bank of India chairman A K Purwar; and Life Insurance Corporation of India chairman S B Mathur. |
| According to sources in the know, the shortlist includes a senior Unit Trust of India official, a senior official of the Inter Connected Stock Exchange and three senior BSE executives. |
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