MCX Clearing Corporation Appoints New MD & CEO After SEBI Approval

The Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), a wholly-owned subsidiary of the Multi Commodity Exchange of India Ltd., has announced the appointment of Mr Rishi Nathany as its new Managing Director and CEO.  

This decision follows the approval from the Securities and Exchange Board of India (SEBI) on January 7, 2026. 

SEBI Approval for New Leadership 

On January 7, 2026, SEBI granted its approval for the appointment of Mr Rishi Nathany as the Managing Director and CEO of MCXCCL.  

This marks a significant step for the clearing corporation as it seeks to strengthen its leadership team.  

Mr Nathany's appointment is contingent upon his acceptance of the offer and subsequent approval from MCXCCL's shareholders. 

Role of MCXCCL in the Commodity Market 

MCXCCL plays a crucial role in the Indian commodity market by providing clearing and settlement services.  

As a wholly-owned subsidiary of the Multi Commodity Exchange of India Ltd., it ensures the smooth functioning of trading activities by managing risks and ensuring the financial integrity of trades. 

Read More: MCX Stock Split Record Date Today (Jan 2): Key Details Investors Should Know! 

About Mr Rishi Nathany 

Mr Rishi Nathany brings a wealth of experience to his new role at MCXCCL. His expertise in the financial sector is expected to drive the corporation's growth and reinforce its position in the market. His leadership will be pivotal in navigating the challenges and opportunities in the evolving commodity trading landscape. 

Multi Commodity Exchange of India Share Price Performance  

As of January 08, 2026, at 9:31 AM, Multi Commodity Exchange of India share price on NSE was trading at ₹2,319.00 up by 0.61% from the previous closing price. 

Conclusion 

The appointment of Mr. Rishi Nathany as the new Managing Director and CEO of MCXCCL, following SEBI's approval, is a significant development for the corporation. This leadership change is expected to bolster MCXCCL's capabilities in the commodity market, subject to shareholder approval. 

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