MCX appoints Kirtida Nagda as head of membership department

Multi Commodity Exchange of India Limited (MCX) has appointed Kirtida Nagda as the head of the membership department, effective September 11, 2025. This appointment also designates her as a key managerial personnel under the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018. The company has informed BSE Limited about this development, adhering to SEBI Circular No. SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123, dated July 13, 2023, and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nagda is a qualified chartered accountant with a master's in commerce and a bachelor's in commerce. She brings over two decades of experience in critical areas such as audit, risk management, governance, reporting, and controls. Prior to joining MCX, she served as vice president at Kotak Mahindra Bank. Her professional background also includes stints with financial institutions and consulting firms, including Deutsche India Pvt. Ltd., SBI Funds Management Pvt. Ltd., Ernst and Young LLP, S.R. Batliboi & Associates LLP, and BSR & Co.

The appointment of Nagda is expected to bolster MCX's membership department with her vast experience in financial operations and regulatory compliance. The company confirmed that there is no disclosure of any relationship between Nagda and the existing directors of MCX.