The newly-constituted commitee -- comprising retired greats Sachin Tendulkar, Sourav Ganguly and VVS Laxman -- met for the first time to discuss the future of Indian cricket and also present was BCCI President Jagmohan Dalmiya.
"The good news is that Rahul Dravid has agreed to coach India 'A' and under-19 teams in future," BCCI Secretary Anurag Thakur said in a press conference after the meeting.
Dravid was, however, keen to take up the responsibility of shaping up the next generation of Indian cricket. He is likely to tour with India A team also.
"The under-19 World Cup is scheduled next year and the A team would be touring various countries in the coming months," Thakur said.
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However, there was no end to speculation surrounding Shastri, who has been retained as Team Director till the Bangladesh tour.
"Till the time we don't make any changes, the current set-up will continue. We have not shortlisted any names but in some time we will have a few names and the advisory committee meeting will be held," he added.
The BCCI is continuing to hunt for a new coach to replace Duncan Fletcher, whose contract ended after this year's World Cup in Australia and New Zealand.