Re-appointment of Mr. Arvind Kathpalia (DIN: 02630873) as Non-Independent Director of the Company.
MCX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MCX has received SEBI approval (via letter dated October 1, 2025) for the re-appointment of Mr. Arvind Kathpalia (DIN: 02630873) as a Non-Independent Director on the company's board. Shareholders had already approved this re-appointment at the Annual General Meeting held on September 12, 2025. Mr. Kathpalia, who holds an MBA from FMS Delhi and has over 40 years of experience in financial services, is the former Group President and Group Chief Risk Officer of Kotak Mahindra Bank. He will be liable to retire by rotation under the Companies Act, 2013, and is not debarred from holding directorship by any authority.
This is a routine governance update with no material impact on shareholders — continuity on the board is maintained with an experienced director, and SEBI clearance was already in hand.