Dr Harsh Kumar Bhanwala appointed as Chairman of MCX

SEBI has accorded its approval today for appointment of Dr Harsh Kumar Bhanwala as Chairman of the Governing Board of MCX in terms of the provisions of Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018. The said appointment is effective from November 07, 2022.

Dr Bhanwala was the chairman of National Bank for Agriculture and Rural Development (NABARD) from December 18, 2013 to May 27, 2020. He was also Chairman-cum-Management Director of Infrastructure Finance Company Ltd. (IIFCL).

He has been on various committees of government and regulatory authorities, the latest being chairman of SEBI's Technical Group on Social Stock Exchange (SSE-TG).

He has over 36 years of experience in Development Finance, Organisational Transformation and Solving Rural Problems, enhancing farmer's income and promoting sustainable agriculture.

Dr Bhanwala is a Postgraduate in Management from IIM, Ahmedabad and holds a Ph.D. in Management. He has been awarded honorary doctorate in Science by Tamil Nadu Agriculture University, Coimbatore and Indian Council of Agricultural Research-Central Institute of Fisheries Education, Mumbai. He is a graduate in Dairy Technology from National Dairy Research Institute, Karnal.

MCX congratulates Dr Bhanwala and looking forward to his leadership.

Shares of Multi Commodity Exchange of India Limited was last trading in BSE at Rs. 1534.75 as compared to the previous close of Rs. 1498.60. The total number of shares traded during the day was 39070 in over 3344 trades.

The stock hit an intraday high of Rs. 1549.50 and intraday low of 1502.25. The net turnover during the day was Rs. 59884291.00.

Source : Equity Bulls

Keywords

MultiCommodityExchangeofIndia INE745G01035 MCX Appointment Chairman GoverningBoard