The Board of Control for Cricket in India (BCCI) clarified on Thursday that former India batsman V.V.S. Laxman and member of the high-profile Cricket Advisory Committee (CAC) does not come under the ambit of conflict of interest perspective while discharging his duty in the selection process of the head coach of the Indian team.

The BCCI went to the extent of saying that Laxman placed all facts of his position with Tenvic Sports before the CWC got down to the business of interviewing candidates for the head coach post.

The BCCI responded with the statement following a news report in a broadsheet that Laxman has a high share holding in Tenvic Sports founded by Anil Kumble and former table tennis international Vasanth Bharadwaj.

A press release issued by the BCCI said: "The BCCI would like to inform all concerned that at the time prior to the commencement of the functioning of the Committee to interview applicants for the job of Head Coach of the Indian cricket team, Mr. V.V.S Laxman had very categorically clarified his current position as well his previous association with Tenvic Sports.

"It was during the course of the requisite communication, Mr. Laxman informed BCCI that he had sold his total shareholding of 5 per cent in Tenvic Sport in the month of March 2016 and also declared that he no longer held any shareholding or any official or unofficial position in Tenvic Sports. This took place prior to the commencement of the operations of this Committee.Mr. Laxman was therefore in no position of a conflict of interest at the time of selection of the head coach of Indian cricket team. All assumptions and conclusions to that effect are therefore erroneous."