SEBI shuts Sebi Bhavan after employee tests positive for Corona
Maharashtra

SEBI shuts Sebi Bhavan after employee tests positive for Corona

Agency News

Mumbai, May 8 : After an assistant general manager tested positive for coronavirus, the Securities and Exchange Board of India (SEBI) has shut Sebi Bhavan (headquarters) and the IDBI building in BKC (Bandra Kurla Complex) for sanitisation purpose.

Sebi officials said our offices will continue to function from May 11. The regulator has asked all its staff who came in contact with the officer, who is part of the inquiry and adjudication department, to go on a 14-day quarantine. “We are taking all precautionary measures. Besides work from home, we have an alternate office arrangement in another building in BKC” the official said.

Stock exchanges have been declared as essential services by the central government since the lockdown was announced in March. One of Sebi’s critical functions is market surveillance which is being done from an alternate work set up. All the senior officials of Sebi till the chief general manager level have to come to the office. If the services of any employee are required they would have to come to the office. Rest of the staff has been asked to work from home.

Sebi has asked all its staff not to travel by public transport. All those coming to office have to come in their car. Sebi has a total staff strength of 800, an official informed. (UNI)

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