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.

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:

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:

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.