Both the cricketers were under the scanner for their controversial comments on women on the talk show Koffee with Karan.
The backlash is so severe that even Hotstar, the digital streaming platform that aired the episode, has pulled it down following the controversy.
"Based on legal opinion and final procedure is laid down to address this issue, will recommend that a communication is sent to concerned players and team immediately", Edulji wrote in response to recommendations from the board's legal firm Cyril Amarchand Mangaldas.
However, Rai told PTI that he was not convinced with Pandya's explanation.
The comments made by Rahul and Pandya were unanimously deemed to be "sexist" and "misogynistic". All mentions of the K.L. Rahul and Hardik Pandya-centric episode have been erased from the social media handles of Star World as well, the channel on which the show airs on TV. Earlier, Hardik Pandya Wednesday responded to the BCCI show cause notice by saying that he was "sincerely regretful" for the comments.
"You are just watching and observing how (women) move, as I said I am a little from the black side (influenced by West Indies culture) so I have to see how they move first", he said.
"Honestly, I got a bit carried away with the nature of the show".
He also shared that he openly identifies the women he sleeps with to his parents: "At a party my parents asked me acha tera wala (women) kaun sa hai (Which are your women)?"
Kohli added that the two players "have understood the magnitude of what's happened". In no way did I mean to disrespect or hurt anyone's sentiments.
India will play three one-dayers against Australia after winning their first ever Test series in the country 2-1.
Indian skipper Virat Kohli spoke out regarding the matter in the pre-match press conference ahead of India's first ODI against Australia in Sydney. "We are still waiting for a decision to be made".
"From the Indian cricket team point of view, any inappropriate comments that are made in that scenario are something that we definitely don't support", he said.