MCX has announced a key management appointment, assigning additional responsibilities to one of its senior executives in the bullion division.

Leadership Expansion

The commodity exchange has informed that Mr. Shivanshu Mehta, Head of Department – Bullion, will assume the interim charge of Chief Business Officer (CBO) portfolio as an additional responsibility, effective April 1, 2026. This appointment will continue until further notice from the company.

Executive Profile

Mr. Shivanshu Mehta brings substantial industry experience to his expanded role at MCX. He currently holds charge as Head of Department-Bullion at the exchange and has accumulated over 25 years of experience in both physical and financial commodity markets.

Regulatory Compliance

The appointment has been disclosed in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, which mandates listed companies to inform stock exchanges about material events and corporate developments. The company has also provided details as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The intimation has been made available on the company's official website at mcxindia.com, ensuring transparency and accessibility of the information to all stakeholders.

MCX has announced a significant leadership transition with the resignation of Mr. Rishi Nathany from his position as Chief Business Officer, effective March 31, 2026. The move comes as Nathany takes on a new role as Managing Director & Chief Executive Officer of the company's wholly owned subsidiary.

Leadership Transition Details

The resignation stems from Nathany's appointment as MD & CEO of Multi Commodity Exchange Clearing Corporation Ltd. (MCXCCL), MCX's wholly owned subsidiary company. As a result of this internal promotion, Nathany has stepped down from his position as Chief Business Officer and Key Managerial Personnel at the parent company.

Regulatory Compliance and Documentation

MCX has fulfilled its regulatory obligations by making the necessary disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted detailed documentation to BSE Limited, including comprehensive annexures as required by SEBI guidelines.

The exchange provided specific details pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, ensuring full transparency in the leadership transition process.

Formal Resignation Process

In his resignation letter dated February 12, 2026, addressed to Managing Director & CEO Ms. Praveena Rai, Nathany formally requested relief from his duties at MCX on March 31, 2026. He expressed gratitude for the guidance and support received during his tenure and indicated his commitment to working closely with MCX leadership in his new role at the subsidiary.

Corporate Structure Impact

The transition represents an internal reorganization within the MCX group structure, with Nathany moving from a senior operational role at the parent company to the top executive position at MCXCCL. This move maintains continuity of leadership expertise within the organization while strengthening the management of the clearing corporation subsidiary.

The company has made this information available on its official website and completed all necessary regulatory filings to ensure stakeholder awareness of the leadership change.