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Mumbai, July 14 (IANS) The National Stock Exchange of India (NSE) on Friday said Vikram Limaye will join the company as Managing Director and CEO (Chief Executive Officer) from Monday, July 17.

“Vikram Limaye has been relieved by the Supreme Court of his responsibilities at the Committee of Administrators of BCCI, with immediate effect,” the NSE said in a statement.

“He will be joining the National Stock Exchange of India limited as Managing Director and CEO from Monday the 17th of July, 2017.”

On June 9, the NSE announced that securities markets regulator Sebi had approved the appointment of Limaye as its new Managing Director and CEO.

The stock exchange major at that time had said that Limaye’s appointment will be subject to him being relieved from his “BCCI (COA)” assignment.