Key Event Details
Multi Commodity Exchange of India Limited (Scrip Code: 534091) has appointed Mr. Santosh Kumar Mohanty as Public Interest Director (PID) on the company's Governing Board. The appointment follows SEBI's approval via letter dated May 27, 2026. The company's Board of Directors approved the appointment on May 28, 2026, for a period of 3 years effective from May 28, 2026.
Director Profile and Background
Mr. Santosh Kumar Mohanty (DIN: 06690879) is an IRS Officer of the 1991 batch who previously served as Commissioner of Income Tax. He served as Whole Time Member (WTM) of Securities and Exchange Board of India (SEBI) for five years from June 2018 to June 2023. Prior to his WTM role, he held the position of Executive Director at SEBI on deputation since September 2015 and worked as Director at the Forward Markets Commission for more than two years.
During his tenure at SEBI, Mr. Mohanty supervised various departments including Corporate Finance Department (dealing with Primary and Secondary markets), Market Regulation Department, Surveillance Department, Investigation Department, and Human Resources Department. He participated in several regulatory reforms including introduction of new products, institutional participation, interoperability of Clearing Corporations, and reforms in ICDR & LODR relating to capital raising activities and corporate governance of listed companies.
Educational Qualifications
Mr. Mohanty holds a Bachelor's degree in Arts from Utkal University, Odisha, a Master's degree of Arts in Politics (International Studies) from Jawaharlal Nehru University, New Delhi, L.L.B. from Mumbai University, and a PG Diploma in Securities Law Course from Mumbai University.
Compliance and Relationships
The disclosure confirms that Mr. Mohanty is not related to any existing Director of the company and is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.