Mr. Rishi Nathany, currently the Chief Business Officer (KMP) at Multi Commodity Exchange (MCX), is stepping down from his role effective March 31, 2026. This change is a direct consequence of his appointment as the Managing Director & CEO of MCX’s wholly owned subsidiary, Multi Commodity Exchange Clearing Corporation Ltd. (MCXCCL). The detailed disclosures, including the cessation date and reason, are appended as required.
Resignation of Key Managerial Personnel
Multi Commodity Exchange of India Limited (MCX) has formally announced the cessation of Mr. Rishi Nathany from his position as the Chief Business Officer, a Key Managerial Personnel (KMP). The effective date for this resignation is March 31, 2026.
Reason for Departure: Internal Advancement
The reason provided for Mr. Nathany’s departure from the KMP role at MCX is his promotion to a leadership position within the group structure. Mr. Nathany has been appointed as the Managing Director & CEO of the wholly owned subsidiary, Multi Commodity Exchange Clearing Corporation Ltd. (MCXCCL). Annexure II confirms his resignation letter, addressed to the MD & CEO, requesting release from MCX duties on March 31, 2026 EOD to prepare for his new role starting April 1, 2026.
Regulatory Disclosure Details
In compliance with corporate governance requirements, the details required regarding this event have been provided:
- Event: Resignation due to appointment in a subsidiary.
- Date of Cessation: March 31, 2026.
- Relationship Disclosure: Not applicable, as this is an internal reassignment.
This information has been made available on the official company website: https://www.mcxindia.com/home.
Source: BSE
