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Informist, Tuesday, Aug. 26, 2025

NEW DELHI – Multi Commodity Exchange Clearing Corporation Ltd., a wholly-owned subsidiary of Multi Commodity of India Ltd., is seeking applications for the post of managing director and chief executive officer of the company. The clearing corporation issued an advertisement in this regard in The Economic Times newspaper Tuesday.

Narendra Kumar Ahlawat is currently the managing director and chief executive officer of the company. Ahlawat has been holding this post since Apr. 1, 2018. He was initially appointed for a period for three years. In April 2021, his term was extended by another five years. Ahlawat's term comes to an end on Mar. 31.

According to Tuesday's advertisement, the appointment will be for a term not exceeding five years. The applicant must be below 60 years "as on date of application", the advertisement said. It also specified the qualifications and key responsibilities for the post. Interested applicants for the post will have to apply before Sept. 16.

At 1312 IST, shares of Multi Commodity Exchange of India traded at INR 7,686, down 4%, on the National Stock Exchange.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Rajesh Gajra

Edited by Akul Nishant Akhoury

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