Change in role of KMP: Rashmi Nihalani moves to Head – Strategy and Training

MCX has informed the exchanges that Ms. Rashmi Nihalani, a Key Managerial Personnel, has transitioned from Head – Research, Strategy and Training to Head – Strategy and Training.

Sat 10 Oct 2026

Previous Role

Head – Research, Strategy and Training

New Role

Head – Strategy and Training

Date of Appointment

October 8, 2026

Role change within the existing management

• Ms. Rashmi Nihalani has transitioned from her role of Head – Research, Strategy and Training to Head – Strategy and Training.
• She continues to hold interim charge of the Agri Segment.
• The date of appointment for the new role is October 8, 2026.

What kind of update this is

This is a change in the responsibilities attached to a Key Managerial Personnel's position. The update describes it as a transition from one role to another, which indicates the person continues in a management position while her portfolio of responsibilities has been redefined.

The one visible change in scope is that Research no longer forms part of her designated role, while Strategy and Training continue. Her interim oversight of the Agri Segment is unchanged.

What a reader can take away

• Updates like this deal with who holds which internal responsibility, rather than with the company's operations, finances or capital.
• The disclosures of a brief profile and of any relationship between directors are marked Not Applicable in the intimation.
• No shareholding, capital or commercial terms form part of this communication; the change is confined to the role and responsibilities of the named KMP.

For a retail investor, this falls in the category of organisational updates that are read for completeness about the management team, rather than as an event that changes the company's business or financial position.

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