SEBI Approval for appointment of Executive Directors
MCX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SEBI has approved the appointment of two Executive Directors at MCX - Mr. Sanjay Rajpal as Executive Director (Critical Operations) and Mr. Manoj Jain as Executive Director (Regulatory, Compliance, Risk Management & Investor Grievances). Both appointments are for a period of 5 years, effective from their joining dates, subject to shareholder ratification. Sanjay Rajpal joins from Amazon where he was Head of Technology leading global payments operations, bringing over 25 years of technology experience. Manoj Jain is an internal promotion from his current role as Chief Compliance Officer, having previously served as COO at MCX from 2021-2025. Both directors have confirmed no relationships with existing board members and are not debarred from holding director positions.
The appointment of an external technology leader from Amazon suggests MCX is prioritizing operational transformation and digital capabilities. The internal promotion of Manoj Jain to a second Executive Director role strengthens regulatory and compliance oversight. These are positive governance developments for shareholders.