Central Government appoints Shri M. Damodaran, IAS (MT: 1971), presently Chairman and Managing Director, Industrial Development Bank of India - F. No. 5/11/CM/2005-S.O. 233(E) - SEBI

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th February, 2005 S.O. 233(E).- In exercise of the powers conferred by Section 4 of the Securities and Exchange Board of India's Act, 1992 (15 of 1992), read with rule 3 of the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992, the Central Government hereby appoints Shri M. Damodaran, IAS (MT: 1971), presently Chairman and Managing Director, Industrial Development Bank of India, as Chairman of the Securities and Exchange Board of India, for a period of three years from the date he assumes charge of the office of Chairman or until further orders, whichever is earlier. [F. No. 5/11/CM/2005] U. K. SINHA, Jt. Secy.