Takeover Regulations Advisory Committee

# Members Details Capacity
1 Shri. C. Achuthan
Former Presiding Officer, Securities Appellate Tribunal		 Chairman
2 Shri. Kumar Desai
Advocate, High Court.		 Member
3 Shri. Somasekhar Sundaresan
Advocate. Partner, J. Sagar Associates.		 Member
4 Shri. Kaushik Chatterjee
Group CFO, Tata Steel Limited.		 Member
5 Shri. Y. M. Deosthalee
CFO, Larsen & Toubro Limited.		 Member
6 Shri. Prof N. Venkiteswaran
Professor, Indian Institute of Management, Ahmedabad.		 Member
7 Shri. A K Narayan
President, Tamil Nadu Investors’ Association.		 Member
8 Shri. Sourav Malik
Executive Director, Kotak Mahindra Capital Co. Ltd.		 Member
9 Shri. Raj Balakrishnan
Managing Director, DSP Merrill Lynch Limited.		 Member
10 Smt. Usha Narayanan
Executive Director, Corporation Finance Department, Securities and Exchange Board of India		 Member
11 Shri. J. Ranganayakulu
Executive Director, Legal Department, Securities and Exchange Board of India.		 Member
12 Smt. Neelam Bhardwaj
General Manager, Corporation Finance Department, Division of Corporate Restructuring, Securities and Exchange Board of India		 Member - Secretary

Terms of reference of the Committee:

The Terms of Reference of TRAC would be to examine the existing Takeover Regulations and to suggest suitable amendments, as deemed fit.

The Report of the committee was submitted on July 19, 2010