Primary Market Advisory Committee (PMAC)

# Members Details Capacity
1 Ms. Naina Lal Kidwai
 Chairperson
2 Shri. Rajesh Panwar
Joint Director, Primary Markets (PM) Branch, Financial Markets (FM) Division, Department of Economic Affairs **		 Member
3 Shri. N. K. Dua
Joint Director (Policy), MCA***		 Member
4 Smt. Usha Janakiraman
Chief General Manager, RBI***		 Member
5 Shri. Sundararaman Ramamurthy
Managing Director and Chief Executive Officer, BSE		 Member
6 Shri. Ashish Chauhan
Managing Director and Chief Executive Officer, NSE		 Member
7 Shri. Aniket Sunil Talati
President, ICAI		 Member
8 CS Manish Gupta
President, ICSI		 Member
9 Shri. Amish Mehta
MD & CEO, CRISIL**		 Member
10 Shri. Pravin Dwivedi
President, AWOKE India Foundation		 Member
11 Shri. Anay Khare
Chairperson, AIBI**		 Member
12 Shri. Dolphy Dsouza
Partner, E&Y.		 Member
13 Shri. J N Gupta
Co- Founder & MD, Stakeholder Empowerment services		 Member
14 Shri. Keki Mistry
Vice Chairman & CEO, HDFC		 Member
15 Shri. Ramesh Srinivasan
MD & CEO, Kotak Investment Banking		 Member
16 Shri. Manoj Dengla
Partner, Arpwood Partners		 Member
17 Country Head
CFA Institute, India		 Member
18 Shri. Sandip Bhagat
Partner, S&R Associates		 Member
19 Shri. Mukund M. Chitale
Partner, Mukund M. Chitale & Co.		 Member
20 Shri. Shiraz Rustomjee
Counsel, _		 Member
21 Shri. Sanjeev Bikhchandani
Founder and Executive vice-chairman, Info Edge		 Member
22 Shri. Eruch N Kapadia
Chief Financial Officer, Tata Sons Ltd		 Member
23 Shri. Dhirendra Kumar
CEO, Value Research India Pvt Ltd		 Member
24 Shri. Sudhir Bassi
Executive Director in Capital Markets Practice Group, Khaitan & Co		 Member
25 Shri. Sanjeev Krishan
Chairman, PwC		 Member
26 Shri. Vishal Kampani
Co-Chairman, CII National Committee on Financial Markets		 Member
27 Shri. Ajay Saraf
Executive Director, ICICI Securities		 Member
28 Shri. SVMD Rao
Executive Director, SEBI***		 Member
29 Smt. Babita Rayudu
Executive Director, SEBI***		 Member
30 Shri. Jeevan Sonparote
Chief General Manager, SEBI		 Member - Secretary

**  Appointed in Ex-Officio Capacity

*** As nominated by respective organisation

Terms of reference of the Committee:

1. To advise SEBI on issues related to regulation and development of primary market in India.

2. To advise SEBI on matters required to be taken up for changes in legal framework to introduce simplification and transparency in systems and procedures in the primary market.

3. To advise SEBI on matters relating to regulation of intermediaries for ensuring investor protection in the primary market.