Multi Commodity Exchange Sees Rs. 18.14 Crore Block Trade on NSE

1 min read     Updated on 17 Sept 2025, 10:13 AM
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Reviewed by
Naman SharmaScanX News Team
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Overview

A block trade of approximately 23,477 MCX shares occurred on the National Stock Exchange at Rs. 7,725.00 per share. The total transaction value was around Rs. 18.14 crore. This trade represents a notable transaction in MCX shares, potentially indicating institutional interest or significant shareholder movements.

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*this image is generated using AI for illustrative purposes only.

MCX (Multi Commodity Exchange of India Ltd.), India's largest commodity derivatives exchange, witnessed a significant block trade on the National Stock Exchange (NSE) on Tuesday. The transaction involved approximately 23,477 shares changing hands at a price of Rs. 7,725.00 per share.

Block Trade Details

The block deal, valued at approximately Rs. 18.14 crore, represents a notable transaction in MCX shares. Block trades are large, privately negotiated transactions that are reported to the exchange.

Trade Details Values
Number of Shares 23,477
Price per Share (Rs.) 7,725.00
Total Transaction Value (Rs. crore) 18.14

Market Impact

Block trades of this magnitude often attract attention from market participants as they can provide insights into institutional interest or significant shareholder movements. However, it's important to note that the motivations behind such trades are not always immediately apparent.

About Multi Commodity Exchange

MCX is a leading commodity derivatives exchange that offers futures trading in various commodities including bullion, base metals, energy, and agricultural products. The exchange plays a crucial role in price discovery and risk management for various commodity-related industries in India.

This block trade highlights continued interest in MCX shares, reflecting the exchange's position in India's commodity derivatives market. As always, investors are advised to conduct their own research and consider their financial goals when making investment decisions.

Historical Stock Returns for MCX

1 Day5 Days1 Month6 Months1 Year5 Years
+4.51%+4.88%-3.83%+61.10%+41.34%+353.92%

MCX Bolsters Leadership Team with Two Key Appointments

1 min read     Updated on 15 Sept 2025, 08:41 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

MCX, India's leading commodity derivatives exchange, has announced two significant appointments effective September 15, 2025. Baiju V. Budhwani, with over 24 years of experience, joins as Head of Department – Inspection and Audit. Kavita Shrivastav, bringing 23 years of diverse sector experience, is appointed as Chief Human Resources Officer. Both are designated as Key Managerial Personnel. These appointments aim to strengthen MCX's regulatory compliance, audit functions, and human resources management.

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*this image is generated using AI for illustrative purposes only.

MCX , India's leading commodity derivatives exchange, has announced two significant appointments to its senior leadership team, effective September 15, 2025. The move aims to strengthen the company's regulatory compliance, audit functions, and human resources management.

New Head of Inspection and Audit

Baiju V. Budhwani has been appointed as the Head of Department – Inspection and Audit and designated as a Key Managerial Personnel. With over 24 years of experience in regulatory compliance, operational risk management, and internal audit, Budhwani brings a wealth of expertise to MCX.

Budhwani's educational background includes:

  • Masters in Management Studies – Finance
  • Bachelor of Law (LLB)
  • Bachelor of Commerce

Prior to joining MCX, Budhwani served as Vice President – Internal Controls and Compliance Officer at Axis Securities Ltd. His extensive experience also includes roles at prominent organizations such as Vodafone Idea Ltd, Vodafone M-Pesa Ltd., HDFC Securities Ltd., and Aneja Associates.

New Chief Human Resources Officer

In a parallel move, MCX has appointed Kavita Shrivastav as the Chief Human Resources Officer, also designated as a Key Managerial Personnel. Shrivastav brings 23 years of professional experience across diverse sectors including fintech, financial services, retail, and F&B.

Shrivastav's qualifications include:

  • MBA in Human Resource
  • Strategic Human Resource course from IIM Ahmedabad

Before joining MCX, Shrivastav held the position of Director - Human Resources at Hitachi Payment Services. Her career history includes roles at major conglomerates such as Piramal Capital, Tata Capital, and Raymond Limited.

Strengthening MCX's Core Functions

These appointments underscore MCX's commitment to enhancing its regulatory compliance, risk management, and human resource capabilities. Budhwani's role will be crucial in maintaining the integrity of MCX's operations through robust inspection and audit processes. Meanwhile, Shrivastav's extensive HR experience is expected to contribute significantly to MCX's talent management and organizational development strategies.

The appointments, effective from September 15, 2025, have been made in compliance with the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, and have been duly reported to the BSE Limited as per SEBI regulations.

As MCX continues to evolve in the dynamic commodity derivatives market, these strategic appointments are poised to play a vital role in the exchange's future growth and operational excellence.

Historical Stock Returns for MCX

1 Day5 Days1 Month6 Months1 Year5 Years
+4.51%+4.88%-3.83%+61.10%+41.34%+353.92%
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