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The Multi Commodity Exchange has received shareholders’ approval through the e-voting process for all the 15 resolutions, including appointment of Parveen Kumar Singhal as Joint Managing Director and CEO for three years.
MCX held its annual general meeting on Tuesday and provided shareholders’ the option of e-voting on the proposed resolutions.
Singhal, who was the Executive Vice-President of MCX, has now been inducted into the board and appointed as Jt MD & CEO, said the exchange in a BSE filing. Shareholders also ratified the appointment and payment of remuneration to Manoj Vaish, former MD & CEO, between February and May.
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