Multi Commodity Exchange Sees Rs. 20.39 Crore Block Trade on NSE

1 min read     Updated on 15 Sept 2025, 09:41 AM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

A significant block trade of Multi Commodity Exchange of India Ltd. (MCX) shares occurred on the National Stock Exchange (NSE). The transaction involved approximately 26,100 shares at Rs. 7,812.50 per share, totaling Rs. 20.39 crores. This block deal highlights the ongoing interest in MCX shares among large investors and institutions.

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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 26,100 shares changing hands at a price of Rs. 7,812.50 per share.

Block Trade Details

The block deal, executed on the NSE, amounted to a total value of Rs. 20.39 crores. This substantial transaction highlights the continued interest in MCX shares among institutional investors and large traders.

Impact on MCX

Block trades of this magnitude often indicate strategic moves by large investors or institutions. While the identities of the buyers and sellers remain undisclosed, such transactions can sometimes signal shifts in investor sentiment or portfolio reallocations.

About Multi Commodity Exchange

MCX is a leading commodity derivatives exchange that offers trading in various commodity futures contracts. The exchange plays a crucial role in price discovery and risk management for commodities in the Indian market.

Conclusion

The execution of this block trade underscores the liquidity and market depth of MCX shares on the National Stock Exchange. Investors and market participants will likely keep a close watch on any potential impact this transaction may have on MCX's stock price and trading patterns in the coming days.

Historical Stock Returns for MCX

1 Day5 Days1 Month6 Months1 Year5 Years
+4.13%+4.49%-4.19%+60.50%+40.82%+352.24%

MCX Appoints Kirtida Nagda as Head of Membership Department

1 min read     Updated on 11 Sept 2025, 08:20 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Multi Commodity Exchange of India (MCX) has appointed Ms. Kirtida Nagda as Head of Department - Membership and Key Managerial Personnel, effective September 11, 2025. Nagda, a Chartered Accountant with over 20 years of experience in audit, risk management, governance, reporting, and controls, previously held positions at Kotak Mahindra Bank, Deutsche India Pvt. Ltd, and SBI Funds Management Pvt. Ltd. Her appointment aims to strengthen MCX's leadership team and enhance its capabilities in membership management and organizational governance.

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

MCX , India's leading commodity derivatives exchange, has announced a significant addition to its leadership team. Ms. Kirtida Nagda has been appointed as the Head of Department - Membership and a Key Managerial Personnel, effective September 11, 2025.

New Appointment Details

MCX officially communicated this appointment through a filing with the BSE Limited. According to the exchange's statement, Ms. Nagda's role falls under the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018.

Professional Background

Ms. Kirtida Nagda brings a wealth of experience and expertise to her new role at MCX:

  • Qualifications: She is a Chartered Accountant with Master's and Bachelor's degrees in Commerce.
  • Experience: Nagda boasts over 20 years of experience in various critical areas, including:
    • Audit
    • Risk Management
    • Governance
    • Reporting
    • Controls

Previous Roles

Prior to joining MCX, Ms. Nagda has held several prestigious positions in the financial sector:

  • Vice President at Kotak Mahindra Bank
  • Roles at Deutsche India Pvt. Ltd
  • Experience with SBI Funds Management Pvt. Ltd
  • Worked with leading audit firms:
    • Ernst and Young LLP
    • S.R. Batliboi & Associates LLP
    • BSR & Co

Implications for MCX

The appointment of Ms. Nagda as Head of Department - Membership is expected to bring valuable insights and expertise to MCX's operations. Her extensive background in audit, risk management, and governance aligns well with the regulatory and operational demands of a leading commodity exchange.

This strategic move by MCX underscores the exchange's commitment to strengthening its leadership team with experienced professionals, potentially enhancing its capabilities in membership management and overall organizational governance.

MCX continues to evolve its management structure, aiming to maintain its position as a key player in India's commodity derivatives market. As the financial landscape becomes increasingly complex, appointments like Ms. Nagda's are crucial for exchanges to navigate regulatory requirements and market challenges effectively.

Historical Stock Returns for MCX

1 Day5 Days1 Month6 Months1 Year5 Years
+4.13%+4.49%-4.19%+60.50%+40.82%+352.24%
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