Announced Thu, 28 May · 19:48 IST

Appointment of Mr. Santosh Kumar Mohanty (DIN: 06690879) as Public Interest Director.

Management Changes View source PDF

MCX · price

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Price reaction · full curve 14 horizons · vs prior close
-8.3%1-day move
₹3155.00
prior close
₹3169.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-2.3-3.3-4.3-8.3-8.5-10.0-8.5-11.6-10.4-11.1-8.1
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AI summary

Multi Commodity Exchange of India Ltd (MCX) announced the appointment of Mr. Santosh Kumar Mohanty as a Public Interest Director (PID) on its Governing Board. SEBI approved the appointment on May 27, 2026, and the Board confirmed it the following day. The appointment is for a term of 3 years starting May 28, 2026. Mr. Mohanty is a former IRS officer and previously served as a Whole Time Member at SEBI from June 2018 to June 2023, overseeing departments including Corporate Finance, Market Regulation, and Surveillance. He has also worked at the Forward Markets Commission and brings extensive regulatory and market oversight experience. He is not related to any existing directors on the Board.

Likely market impact

The appointment brings additional regulatory and governance expertise to MCX's board, given Mr. Mohanty's deep background in securities regulation and market oversight at SEBI. As a Public Interest Director mandated under SECC Regulations, this strengthens the exchange's governance framework.