SCHEDULE - Mode of Recruitment & proportion - Securities and Exchange Board of India (Employees’ Service) Regulations, 2001

SCHEDULE {Refer Clause (b) 1 [and clause (d)]of Sub Regulation (4) of Regulation (6)} Name of the Post Mode of Recruitment proportion of posts to be filled up through different modes Age, Qualification Experience for Direct recruits 2 [/Contract Recruits, wherever applicable] 43 [ **** ] Qualification Experience for Deputation Composition of the selection Committee 53 [ / Search-cum-Selection Committee] 40 [ Executive Director [other than the designated post of Executive Director (Law)] (a) Promotion; (b) Deputation from Govt., RBI, Banks, Financial Institutions Academic institutions; (c) On contract basis 41 [ 2/3rd of the total posts from internal candidates and 1/3rd posts, not more than 3, to be filled up by deputation/contract. ] 44 [ In case of non-availability of candidates in any of the two categories i.e., either in internal or in deputation/ contract category, the available vacancy of one category may be filled up with a suitable candidate from the other category. ] Not less than 40 years and not more than 55 years. MBA/MMS (with specialization in Finance) / CA / CS /CFA / CWA/ LLB/ Post Graduation in Economics, Finance or any other discipline which in the opinion of the Board is useful, from a recognized University /Institution with a minimum of 20 years of post-qualification experience in dealing with problems relating to securities market or special knowledge / experience of law, investigation, Finance, Economics, Accountancy, Administration or any other discipline. Promotion of internal candidates from Grade F of all streams except Legal stream with minimum of 3 years service in the said grade Deputation from Govt., RBI, Banks, Financial Institutions, with not less than 20 years of experience in dealing with problems relating to securities market or special knowledge / experience of law, investigation, Finance, Economics, Accountancy, Administration or any other discipline considered useful to the Board. 54 [ For Promotion - Chairman, two other members of the Board and two external experts to be nominated by the Chairman shall constitute the Selection Committee. For Deputation/ Contract - Chairman, two other members of the Board and two external experts to be nominated by the Chairman shall constitute the Search-cum-Selection Committee. [In case of deputation from Government or other organizations, terms and conditions of deputation to be finalized in consultation with the lending organization.] ]] Executive Director (Law) LLB from a recognized University/ Institution with a minimum of 20 years of post-qualification experience in law. Promotion of internal candidates from Grade F of legal stream with minimum of 3 years service in the said grade Deputation from Govt., RBI, Banks, Financial Institutions, having an LLB from a recognized University/ Institution with not less than 20 years of post qualification experience in law. Grade D, E F 45 [ **** ] 46 [ (a) Promotion; (b) Deputation ] . 51 [ Upper age of 45, 48 and 52 years for Grade D, E and F respectively. For officers in the General Stream Master s Degree/ Post Graduate Diploma* (minimum two years duration) in any discipline/Bachelor s Degree in Law/ Bachelor s Degree in Engineering from a recognized University/Institute or Chartered Accountant/ Chartered Financial Analyst/ Company Secretary/ Cost Accountant. *(Equivalent to a Master s Degree in that discipline as recognized by the Association of Indian Universities). For officers in the Legal Stream Bachelor s Degree in Law from a recognized University/ Institute. For officers in the Research Stream Master s Degree/ Post Graduate Diploma* (minimum two years duration) in Economics/Commerce/ Business Administration/ Econometrics/ Quantitative Economics/ Financial Economics /Mathematical Economics/ Business Economics/ Agricultural Economics/ Industrial Economics/Business Analytics; or Master s Degree/ Post Graduate Diploma* (minimum two years duration) in Finance/ Quantitative Finance/ Mathematical Finance/ Quantitative Techniques/ International Finance/ Business Finance/International and Trade Finance/ Project and Infrastructure Finance/ Agri. Business Finance; or Master's Degree/ Post Graduate Diploma* (minimum two years duration) in Statistics/Mathematical Statistics/ Statistics Informatics/ Applied Statistics Informatics/ Data Science/Artificial Intelligence/ Machine Learning/ Big Data Analytics; or Master's Degree in Mathematics and one year post graduate diploma in Statistics or related subjects from a recognized University/ Institute. *(Recognized equivalent to a Master s Degree in that discipline by Association of Indian Universities). For officers in the Information Technology Stream Bachelor s Degree in Engineering in any branch or Bachelor s Degree in any discipline with a post graduate qualification (minimum two years duration) in computer science/ computer application/ information technology from a recognized University / Institute. For officers in the Engineering Stream Bachelor s Degree in Civil Engineering or Bachelor s Degree in Electrical Engineering from a recognized University / Institute. For officers in the Official Language (Rajbhasha) Stream Master s Degree in Hindi/ Hindi Translation with English as a subject at the Bachelor s Degree level; or Master s Degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject at Bachelor s Degree level; or Master's Degree in both English and Hindi/ Hindi Translation from a recognized University/ Institute. ] Promotion of internal candidates from Grade C,D,E respectively with minimum of 3 years service . However, minimum 8 years Experience as an Officer is necessary for Considering the claim for promotion from Grade C to D. Candidate Must possess not less than 11,14 17 years of experience for Grade D, E and F respectively in All-India / Central Civil Service as Group A officer or equivalent experience in RBI, Banks, Financial Institutions and academic Institutions. The experience shall be in dealing with the problems relating to securities market, special knowledge / experience of law, investigation, finance, Economics, Accountancy, Administration or any other discipline considered useful to the Board. Minimum three members two internal and one external. In case of deputation from Government or Other Organisations, terms and conditions of deputation to be finalised in consultation with the lending organisation. Grade A / B/ C 47 [ (a) Promotion; (b) Direct Recruitment ] . 52 [ Upper age of 30, 30 and 35 years for Grade A, B and C respectively. For officers in the General Stream Master s Degree/ Post Graduate Diploma* (minimum two years duration) in any discipline/Bachelor s Degree in Law/ Bachelor s Degree in Engineering from a recognized University/ Institute or Chartered Accountant/ Chartered Financial Analyst/ Company Secretary/ Cost Accountant. *(Equivalent to a Master s Degree in that discipline as recognized by the Association of Indian Universities). For officers in the Legal Stream Bachelor s Degree in Law from a recognized University/ Institute. For officers in the Legal Stream in Grade A In addition to the qualification specified for the Legal Stream, two years post qualification experience as an Advocate (including as an associate in an Advocate s or Solicitor s Office or Law Firm) after being enrolled under the Advocates Act, 1961 (25 of 1961) shall be a desirable qualification. For officers in the Research Stream Master s Degree/ Post Graduate Diploma* (minimum two years duration) in Economics/ Commerce/ Business Administration/ Econometrics/ Quantitative Economics/ Financial Economics / Mathematical Economics/ Business Economics/ Agricultural Economics/ Industrial Economics/ Business Analytics; or Master s Degree/ Post Graduate Diploma* (minimum two years duration) in Finance/ Quantitative Finance/ Mathematical Finance/ Quantitative Techniques/ International Finance/ Business Finance/ International and Trade Finance/ Project and Infrastructure Finance/ Agri. Business Finance; or Master's Degree/ Post Graduate Diploma* (minimum two years duration) in Statistics/ Mathematical Statistics/ Statistics Informatics/ Applied Statistics Informatics/ Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics; or Master's Degree in Mathematics and one year post graduate diploma in Statistics or related subjects from a recognized University / Institute. *(Recognized equivalent to a Master s Degree in that discipline by Association of Indian Universities). For officers in the Information Technology Stream Bachelor s Degree in Engineering in any branch or Bachelor s Degree in any discipline with a post graduate qualification (minimum two years duration) in computer science/ computer application/ information technology from a recognized University / Institute. For officers in the Engineering Stream Bachelor s Degree in Civil Engineering or Bachelor s Degree in Electrical Engineering from a recognized University/ Institute. Desirable Experience for Civil Engineers (i) Experience in maintenance of Office and Residential properties/ colonies. (ii) Experience of administering construction projects in all its aspects and knowledge of PERT/ CPM techniques. (iii) Working knowledge of Computer in Structural Design in CAM/ CAD/ MS Project or Primavera evaluation and analyzing of tenders with special references. (iv) Working knowledge in structural rehabilitation works. (v) Experience in Construction and Project Management. Desirable Experience for Electrical Engineers (i) Working knowledge of electronic systems like CCTV surveillance systems, Addressable Security Alarm and Fire Alarm systems, EPABX, UPS system, etc. (ii) Experience in maintenance of lifts, pumps, air-conditioning plants, etc. (iii) Experience of administering construction projects in all its aspects and knowledge of PERT/CPM techniques. For officers in the Official Language (Rajbhasha) Stream Master s Degree in Hindi/ Hindi Translation with English as a subject at the Bachelor s Degree level; or Master s Degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject at Bachelor s Degree level; or Master's Degree in both English and Hindi/ Hindi Translation from a recognized University / Institute. Minimum four years post Qualification experience for Grade C in the applicable field as an advocate or as an officer in reputed Institution preferably in the area of financial services, stock exchanges and other self-regulatory organizations or any such similar experience. ] Promotion of internal candidates from Grade A and B respectively with minimum of 3 years service. -- Minimum three members - two internal and one external. Secretarial Staff Direct Recruitment 14 [only through written examination] Upto 30 years Second class Bachelor's Degree from a recognized University and a Secretarial Diploma (having course duration of minimum six months) from a recognised Institute with good command over English language, minimum speed of 100 w.p.m. in shorthand and 40 w.p.m. in typing. Three years as Secretaries in reputed Organisations. Should be wellversed in operation of Fax and Computers and must necessarily have experience of working with the latest packages i.e. Windows NT and Office 99. -- -- 15 [***] Accounts Assistant Direct Recruitment 16 [only through written examination] Upto 30 years Bachelor's Degree in Commerce with 55% of marks. Minimum three years as counts assistant preferably in a Financial Institution. -- -- 17 [***] Library Assistant Direct Recruitment 18 [only through written examination]. Upto 30 years Graduate in any discipline, with Bachelor's Degree (minimum 55% in the aggregate) in Library Science. Minimum three years as Library Assistant preferably in a Financial Institution. -- -- 19 [***] 20 [Junior Secretarial Assistant Direct Recruitment 21 [only through written examination] Upto 28 years Qualification shall be as specified above for Secretarial Staff - - 22 [***] Junior Accounts Assistant Direct Recruitment 23 [only through written examination] Upto 28 years Qualification shall be as specified above for Accounts Assistant - - 24 [***] Junior Library Assistant Direct Recruitment 25 [only through written examination] Upto 28 years Qualification shall be as specified above for Library Assistant - - 26 [***] 27 [Junior Engineer Direct Recruitment 28 [only through written examination] Up to 28 years Diploma in any engineering stream as may be required by the Board from time to time - - 29 [***] 30 [Omitted Omitted Omitted -- -- Omitted Messenger Direct Recruitment Upto 30 years VIII Standard -- -- 31 [***] Cook Direct Recruitment 32 [only through written examination] Upto 30 years VIII Standard 33 [***] Driver Direct Recruitment 34 [only through written examination] Upto 30 years VIII Standard -- -- 35 [***] Messenger Cum - General Assistant Direct Recruitment 36 [only through written examination] Upto 30 years VIII Standard -- -- 37 [***] 1. General / Relaxation : 48 [ **** ] 49 [ (a) ] The crucial date for determining the upper age limit specified in the schedule shall be the date indicated in the advertisement. 49 [ (b) ] The upper age limit may be relaxed by the Competent Authority upto a maximum of three years for the reasons to be recorded in writing, if in the opinion of the Competent Authority sufficient number of candidates with the prescribed age limit is not likely to be forthcoming and high academic and professional qualifications and experience of the candidates deserve consideration of such candidates. 49 [ (c) ] 38 [d)The Board may, after recording the reasons in writing, relax the minimum qualifications and experience required for various posts.] 2. Reservations: a) Reservation, relaxation of age limit and other concessions required to be provided for candidates belonging to the Scheduled Caste, Scheduled Tribes, other backward classes, Ex-Service men and other special categories of persons shall be as applicable in terms of orders/guidelines etc. issued by the Central Government from time to time. b) In every selection committee constituted for the purpose of the recruitment, an officer of appropriate rank belonging to the Scheduled Caste or Scheduled Tribe may also be inducted as a member in case no member of selection committee belongs to Scheduled caste or Schedule Tribe. 3. Advertisement of Vacancies: Vacancies in the Board to be filled by direct recruitment 39 [, not being campus recruitment] shall be notified in the following manner: a) In relation to direct recruitment of posts except as specified in clause (b) below, it shall be notified by advertisement in atleast three leading daily national news papers, with a view to cover the maximum area of the country. b) In relation to such posts to which the law relating to employment exchanges is applicable, by notifying the concerned employment exchange with a request to nominate five candidates against each vacancy. In case, the candidates nominated by the employment exchange fail to satisfy the requirement of selection, the vacancies shall be filled subject to the provisions of the law applicable to such employment exchanges, by issuing advertisement as per Clause (a) above. 4. Medical Fitness and Verification of Antecedents on initial appointment in the Board: a) A candidate, except in the case of appointments by deputation or by promotion, will be required to undergo medical tests as per prescribed standards to satisfy the appointing Authority of his medical fitness. b) The antecedents of a candidate, except in the case of appointments by deputation or by promotion, will be verified as per the prescribed procedure and the said verification shall be completed during the period of probation. ********** 1 Inserted by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. 2 Inserted by the SEBI (Employees Service) (Second Amendment) Regulations, 2017, w.e.f 17.5.2017 3 Substituted ibid. 4 Substituted by SEBI (Employees Service) (Amendment) Regulations, 2003, w.e.f. 23.12.2003. Prior to substitution, it read as : (50) 5 Symbol inserted by the SEBI (Employees Service) (Second Amendment) Regulations, 2017, w.e.f 17.5.2017 6 The word and omitted by the SEBI (Employees Service) (Second Amendment) Regulations, 2017, w.e.f 17.5.2017 7 Inserted ibid. 8 The words The Recommendation of Selection Committee shall be placed before the Board before an appointment letter/deputation offer is made to the candidate. omitted by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. 9 Substituted by SEBI (Employees Service) (Amendment) Regulations, 2003, w.e.f. 23.12.2003. Prior to substitution, it read as : (40, 43 and 47) 10 Substituted by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. Prior to the substitution, it read: Masters Degree in Economics/ Commerce/Business Administration, Post Graduate Degree/ Post Graduate Diploma in Management with 55% marks in the aggregate, CA/CFA/CS/CWA for officers in General Stream.] 63[Bachelors degree in Law from a recognized University / Institute with minimum 55% marks or LLM for legal stream.] 63[Masters degree in Statistics/ Economics/ Commerce/ Business Administration (Finance)/ Econometrics with minimum 55% marks for officers in Research Stream. Candidates with a Doctorate in topics related to above subjects shall be given preference. Research or teaching experience and publication in standard journals will be considered as an additional qualification.] [63First class graduate in engineering (electrical/ electronics/ electronics and communication/ information technology/ computer science)/ Masters in Computers Application/ First class graduate in any discipline with post graduate qualification (minimum 2 years duration) in computers/ information technology for officers in Technical Stream (Information System).] 11 SEBI (Employees Service) (Amendment) Regulations, 2010, w.e.f. 17.02.2007. Prior to substitution, as inserted by SEBI (Employees Service) (Amendment) Regulations, 2003, w.e.f. 23.12.2003.it read as : (30/35/40) . Prior to substitution by SEBI (Employees Service) (Amendment) Regulations, 2003, w.e.f. 23.12.2003, , it read as : (27/ 30/ 35) 12 Substituted for 27 by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. 13 Substituted by SEBI (Employees Service) (Amendment) Regulations, 2010, w.e.f. 17.02.2007. Prior to substitution, it read as : (Minimum 2 /5/8 years post qualification experience in the applicable field as an advocate or as an officer in reputed Institution preferably in the area of financial services, stock exchanges and other self regulatory organisations or any such similar experience. 14 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 15 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 16 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 17 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 18 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 19 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 20 Inserted by SEBI (Employees Service) (Second Amendment) Regulations, 2010, w.e.f. 12.10.2010. 21 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 22 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 23 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 24 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 25 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 26 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 27 Inserted by SEBI (Employees Service) (Second Amendment) Regulations, 2012, w.e.f. 02.05.2012. 28 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 29 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 30 Omitted by SEBI (Employees Service) (Amendment) Regulations, 2010, w.e.f. 30.01.2008. Prior to omission, it read as following: [Receptionist - cum Telephone Operator Direct Recruitment 83[only through written examination] Upto 30 years Graduate in any discipline in pass class, Diploma in Front Office Management and Telephone Operator Course. Minimum 3 years as a Receptionist cum Telephone Operator in reputed Institutions, preferably in Financial Institution. Should be well versed in operation of EPABX System, telex / fax / Xerox machine etc. -- -- Minimum three members - two internal and one external.] 31 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 32 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 33 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 34 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 35 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 36 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 37 Words and symbols Minimum three members two internal and one external. omitted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 38 Inserted by SEBI (Employees Service) (Amendment) Regulations, 2010, w.e.f. 10.11.2003. 39 Inserted by SEBI (Employees Service) (Amendment) Regulations, 2010, w.e.f. 17.02.2007. 40. Substituted vide Notification No. SEBI/ LAD-NRO/GN/2020 /26 dated 05-08-2020 before it was read as Executive Director 3 [(a) Promotion; (b) Deputation from Govt, RBI, Banks, Financial Institutions Academic institutions; (c) On contract basis. 2/3rd of the total posts from internal candidates and the remaining 1/3rd to be filled up by deputation/ contract. .] Not less than 40 years and not more than 4 [55] years. MBA/MMS with specialisation in Finance / CA / CS /CFA / CWA / LLB / Post Graduation in Economics, Finance or any other discipline which in the opinion of the Board is useful, from a recognised University /Institution with a minimum of 20 years of post qualification experience in dealing with problems relating to securities market or special knowledge / experience of law, investigation, Finance, Economics, Accountancy, Administration or any other discipline Promotion of internal candidates from Grade F with minimum of 3 years service. Deputation from Govt. (All India / Central Civil Service Group A), RBI, Banks, Financial Institutions, with not less than 20 years of experience in dealing with problems relating to securities market or special knowledge / experience of law, investigation, Finance, Economics, Accountancy, Administration or any other discipline considered useful to the Board. Chairman 5 [,] 6 [] two other members of the Board 7 [and two external experts to be nominated by the Chairman] shall constitute the Selection Committee. 8 [***] In case of deputation from Govt. or other organisations, terms and conditions of deputation to be finalized in consultation with the lending organisation. 41. Substituted vide Notification No. SEBI/LAD-NRO/GN/ 2022/ 65 dated 24-01-2022 before it was read as 2/3rd of the total posts from internal candidates and the remaining 1/3rd to be filled up by deputation / contract. 42. Substituted vide F. No. SEBI/LAD-NRO/GN/2022/87 dated 22-06-2022 before it was read as, Bachelor s Degree in Engineering (electrical/ electronics/ electronics and communication/ information technology/ computer science)/ Masters in Computers Application/ Bachelor s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in computers/ information technology for officers in Technical Stream. 43. Omitted vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, Length of service for Promotion 44. Substituted vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, In case of non-availability in any category i.e. internaland deputation/ contract, the post may be filled from other categories. 45. Omitted vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, investigation, finance, 46. Substituted vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, Deputation Internal Promotion 47. Substituted vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, Direct Recruitment and Internal Promotion 48. Omitted vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, a) In the event of non-availability of adequate number of candidates for interview, the minimum eligible service of three years for promotion to the next higher grade or post may be relaxed by the competent authority upto a period not exceeding six months. 49. Re-Numbered vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, b) , c) d) 50. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/129 dated 15-05-2023 51. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/156 dated 20-10-2023 before it was read as, Upper age 9 [45, 48 and 52] years for Grade D, E and F respectively. 10 [Master s Degree in any discipline, Bachelor s Degree in Law, Bachelor s Degree in Engineering from a recognized university, CA, CFA, CS, CWA for officers in the General Stream. Bachelor s Degree in Law from a recognized University/Institute for officers in the Legal Stream. Master s Degree in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics for officers in the Research Stream. 42 [ Bachelor s Degree in Engineering in any discipline or Bachelor s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in computer application/ information technology from a recognized University/ Institute for officers in Information Technology Stream ] ] 52. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/156 dated 20-10-2023 before it was read as, Upto 11 [ 12 [30]/ 30/ 35 ] Years Qualification shall be as specified above for Grade D , E and F 50 [ For officers in the Legal Stream in Grade A - In addition to the qualification specified for Legal Stream, two years post qualification experience as an Advocate (including as an associate in an Advocate s or Solicitor s Office or Law Firm) after being enrolled under the Advocates Act, 1961 (25 of 1961) shall be a desirable qualification. ] . 13 [Minimum 4 years post Qualification experience for Grade C in the applicable field as an advocate or as an officer in reputed Institution preferably in the area of financial services, stock exchanges and other self-regulatory organizations or any such similar experience.] 53. Inserted vide Notification No. SEBI/LAD-NRO/GN/2024/165 dated 07-02-2024 54. Substituted vide Notification No. SEBI/LAD-NRO/GN/2024/165 dated 07-02-2024 before it was read as, Chairman, two other members of the Board and two external experts to be nominated by the Chairman shall constitute the Selection Committee. In case of deputation from Govt. or other organizations, terms and conditions of deputation to be finalized in consultation with the lending organization.