NFRA appointment amendment substitutes two part time member entries and makes the change effective on Gazette publication. The Central Government, exercising powers under section 132(3) of the Companies Act, substitutes serial numbers (8) and (9) in the National Financial Reporting Authority appointment of Part time members Rules, 2022 with the names Shri Sanjay Kallapur and Professor R. Narayanswamy; the National Financial Reporting Authority appointment of part time members (Amendment) Rules, 2024 takes effect on publication in the Official Gazette.