Receipt of regulatory approval for appointment of MD&CEO of Subsidiary 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 informed the stock exchanges that its wholly owned subsidiary, MCX Clearing Corporation Limited (MCXCCL), has received SEBI approval for the appointment of Mr. Rishi Nathany as Managing Director and CEO. The appointment is subject to Mr. Nathany accepting the offer and shareholder approval at MCXCCL. The regulatory clearance was granted via SEBI's letter dated January 7, 2026. This fills a key leadership position at the clearing arm of India's largest commodity derivatives exchange.
Positive for governance clarity at MCXCCL, the subsidiary that handles clearing and settlement functions. Final appointment still depends on candidate acceptance and shareholder approval, so the process is not yet fully concluded.