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MCX India: Outcome of board meeting

Multi Commodity Exchange of India at its meeting held on November 09, 2013, considered and approved the appointment of Mr. M. A. K. Prabhu, General Manager (Integrated Treasury Wing) - Canara Bank and Mr. B. V. Chaubal, Deputy Managing Director and Group Executive, SBI as a shareholder Director on the Board of the Exchange, subject to FMC approval.

November 11, 2013 / 08:23 AM IST
 
 
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Multi Commodity Exchange of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 09, 2013, inter alia, considered and approved the appointment of the following as Shareholder Directors on the Board in accordance with clause 1.2 of the Revised FMC Guidelines for constitution of the Board of Directors, Nomination of Independent Directors and appointment of Chief Executives at the Nationwide Multi Commodity Exchanges (Revised FMC Guidelines dated August 12, 2013) read with Modification of the Revised Guidelines dated September 13, 2013 w.r.t. class of shareholder director:1. Appointment of Mr. M. A. K. Prabhu, General Manager (Integrated Treasury Wing) - Canara Bank as a shareholder Director on the Board of the Exchange, subject to FMC approval.2. Appointment of Mr. B. V. Chaubal, Deputy Managing Director and Group Executive, State Bank of India, as a shareholder Director on the Board of the Exchange, subject to FMC approval.Source : BSE

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first published: Nov 11, 2013 08:23 am

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