MCX Appoints Sunny Singh as Chief of Staff and Key Management Personnel

1 min read     Updated on 10 Feb 2026, 07:34 PM
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Reviewed by
Radhika SScanX News Team
Overview

Multi Commodity Exchange of India Limited has appointed Mr. Sunny Singh as Chief of Staff and Key Management Personnel effective February 10, 2026. Singh brings over 15 years of experience in business strategy, analytics, marketing, and digital revenue, with educational qualifications from IIM Calcutta. He previously served as Head-Wealth at MobiKwik and has worked with companies including Monarch Networth Capital Limited, Angel One, and Yes Bank.

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

MCX has announced the appointment of Mr. Sunny Singh as Chief of Staff and Key Management Personnel, effective February 10, 2026. The appointment was communicated to BSE Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Appointment Details

The following table summarizes the key details of Mr. Singh's appointment:

Parameter: Details
Position: Chief of Staff
Designation Status: Key Management Personnel
Effective Date: February 10, 2026
Regulatory Framework: Securities Contracts (Regulations) (Stock Exchanges and Clearing Corporations) Regulations, 2018

Professional Background

Mr. Sunny Singh brings extensive experience to his new role at MCX. He holds a PGDCM from Indian Institute of Management Calcutta and a Bachelor of Engineering in Computers. With over 15 years of professional experience, he has developed expertise across multiple domains including:

  • Business Strategy & Planning
  • Analytics
  • Marketing
  • Product Development
  • Digital Revenue
  • Process Automation

Previous Work Experience

Prior to joining MCX, Mr. Singh served as Head-Wealth at MobiKwik. His career includes positions at several prominent financial services companies:

Previous Employers: Details
Most Recent Role: Head-Wealth at MobiKwik
Other Companies: Monarch Networth Capital Limited, Angel One, Yes Bank
Total Experience: Over 15 years

Regulatory Compliance

The appointment has been made in full compliance with regulatory requirements. MCX has fulfilled its disclosure obligations under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also confirmed that the appointment details comply with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The exchange has indicated that this information will be made available on the company's official website for stakeholder reference.

Historical Stock Returns for MCX

1 Day5 Days1 Month6 Months1 Year5 Years
+1.47%+6.41%+12.77%+60.18%+113.53%+696.51%

SEBI Consultation Paper Proposes SGF Easing That Could Boost MCX EBITDA Margin by 4-6%

1 min read     Updated on 06 Feb 2026, 09:27 AM
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Reviewed by
Naman SScanX News Team
Overview

SEBI has released a consultation paper proposing the easing of Settlement Guarantee Fund requirements for commodity exchanges. According to NDTV Profit analysis, this regulatory change could potentially boost MCX's EBITDA margin by 4-6 percentage points. The proposed SGF easing represents a positive regulatory development that could enhance operational efficiency and profitability for the commodity exchange operator.

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

The Securities and Exchange Board of India (SEBI) has issued a consultation paper proposing changes to Settlement Guarantee Fund (SGF) requirements that could provide significant benefits to commodity exchanges. According to analysis by NDTV Profit, these proposed regulatory changes could boost MCX 's EBITDA margin by 4-6 percentage points.

Proposed Regulatory Changes

The consultation paper outlines SEBI's proposal to ease existing SGF requirements for commodity exchanges. The Settlement Guarantee Fund serves as a risk management mechanism to protect against potential defaults in commodity trading settlements.

Potential Impact on MCX

The proposed easing of SGF norms could have substantial positive implications for MCX's financial performance:

Impact Area: Details
EBITDA Margin Improvement: 4-6 percentage points
Regulatory Body: SEBI
Document Type: Consultation Paper

Significance for Commodity Exchange Operations

The potential relaxation of SGF requirements represents a notable regulatory development for the commodity exchange sector. Such changes could enhance operational flexibility and improve cost structures for exchange operators like MCX.

Market Implications

The proposed regulatory easing could strengthen MCX's competitive position in the commodity trading ecosystem. Improved EBITDA margins would enhance the exchange's profitability profile and operational efficiency.

The consultation paper reflects SEBI's ongoing efforts to optimize regulatory frameworks governing commodity exchanges while maintaining market integrity and risk management standards.

Historical Stock Returns for MCX

1 Day5 Days1 Month6 Months1 Year5 Years
+1.47%+6.41%+12.77%+60.18%+113.53%+696.51%

More News on MCX

1 Year Returns:+113.53%