Sebi approves Mrugank Paranjape as MCX managing director

Appointment for three years; also extends terms of three senior board members

Market regulator Sebi today approved appointment of Mrugank Paranjape as MD & CEO of the Multi Commodity Exchange of India (MCX).

According to posting by MCX to BSE, this appointment is for a period of three years from the date of joining.

Sebi has also granted extension of the terms of Dinesh Kumar Mehrotra, G. Anantharaman and Satyananda Mishra as Public Interest Director (PID) on the board of MCX.

As a result their terms will end in July, October and November respectively. Mishra is chairman of the board.