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Business India News Updated Oct 23, 2026

BSE invites applications for Managing Director and CEO post

BSE Limited has invited applications for the post of Managing Director and Chief Executive Officer. Candidates must apply by 10:00 am IST on November 19, 2026, hold a graduate or professional qualification, and be below 62 years of age as of July 1, 2027. The Mumbai-based role is open only to Indian passport holders, with SEBI rules allowing a maximum of two terms of five years each.

BSE Limited invites applications for Managing Director and CEO post

New Delhi, October 23

BSE Limited has invited applications for the post of Managing Director and Chief Executive Officer, as per a company statement.

The exchange has set November 19, 2026, as the deadline for submitting applications, with interested candidates required to send their resumes by 10:00 am IST.

According to the notice, BSE is seeking candidates with a strong understanding of capital markets, technology and digital transformation, along with experience in managing diverse stakeholders, including investors, regulators, business partners, customers and employees.

On educational qualifications, the exchange said applicants must have a strong academic background, including a graduate degree or professional qualification such as BA, B.Com, CA, MBA, LLB or B.Tech, or equivalent credentials from recognised institutions.

The notice specifies that applicants must be below 62 years of age as of July 1, 2027.

"Furthermore, the candidate will need to fulfill the requisite eligibility requirements stated as per the Companies Act, and SEBI Regulations, and must obtain the necessary clearances or No Objection Certificates from the relevant authorities, wherever required," the release said.

Under current SEBI guidelines, an individual may be appointed as MD & CEO for a maximum of two terms, each not exceeding five years, subject to a maximum age of 65 years, it added.

Additionally, BSE noted, "For exceptional candidates, the eligibility requirements may be relaxed at the discretion of BSE Ltd. The final selection shall be at the sole discretion of BSE Ltd., subject to applicable regulatory approvals, and the decision shall be final and binding on all applicants."

The position will be based in Mumbai, while compensation and other benefits will be aligned with industry standards.

As per the release, applications are open only to Indian passport holders and must be submitted through the prescribed process within the stipulated timeline.

In a seperate note, BSE noted that "Only applications submitted in accordance with the prescribed process and within the stipulated timeline will be considered."

— ANI

Reader’s Guide · AI-assisted, based only on the report above

What the report makes clear: BSE has opened applications for its MD and CEO role with a clear deadline, eligibility criteria and age limit.

Still open: The report does not yet say who currently holds the post or when the incumbent's term ends.

Another way to look at it: The age and qualification bars narrow the pool, which matters for how wide the exchange casts its net.

What qualities should a stock exchange look for in its next MD and CEO?

Reader Voices

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