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MCX has received time till November 2 to appoint a new Managing Director and CEO.
The exchange has already shortlisted 15 candidates and the appointment committee of the exchange will select one among them for the MD and CEO post, sources said.
The decision was taken by the board which met here on Monday.
The interview for the post was suspended after Kotak Mahindra Bank signed a share purchase agreement to buy 15 per cent in the commodity exchange from Financial Technologies which was declared not fit and proper to hold stake in commodity exchanges.
MCX in a BSE statement on Monday said: "...we have received letter...dated 22nd September from our regulator FMC informing their approval for extension of time for a period of two months till November 2, 2014 for appointment of MD and CEO of the exchange".
The post has been vacant since May after Manoj Vaish resigned citing health reasons. At present, MCX's Executive Vice president P K Singhal has been given the charge of MD.
MCX annual general meeting will be held on Monday.
Earlier this month, the Forward Markets Commission allowed MCX to roll out contracts for 2015 once the full divestment of Jignesh Shah-led Financial Technologies in MCX.
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