Shareholders of the National Stock Exchange of India (NSE) at the extraordinary general meeting (EGM) held on Tuesday gave their nod to the appointment of Vikram Limaye as managing director & CEO of the company for a period of five years. The five-year period will be effective from the date Limaye assumes office after receipt of approval from the Securities and Exchange Board of India.
The members at the EGM also approved the appointment of Limaye as director on the Board of the company and okayed a remuneration of Rs 8 crore per annum. Limaye's pay will be 2.6 times more
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