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.

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.