MCX CEO Shreekant Javalgekar resigns

The Multi Commodity Exchange of India Ltd said that its managing director and chief executive officer, Shreekant Javalgekar, had submitted his resignation from the company, Mint reported. In this company Financial Technologies holds a 26% stake. The report mentions company spokesman as saying that the MCX board will meet on Tuesday to discuss the appointment of a new CEO. The company did not specify a reason for the resignation in a statement.

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