KMP role change: Shivanshu Mehta moves to Chief of Product - Precious & Base Metals
MCX has informed BSE about a change in the role of a Key Managerial Personnel.
- Previous Role
- Head-Bullion and interim Chief Business Officer
- New Role
- Chief of Product - Precious & Base Metals
- Date of Appointment for New Role
- October 8, 2026
A senior role gets a new shape
Multi Commodity Exchange of India Ltd has informed BSE Ltd about a change in the role of one of its Key Managerial Personnel (KMP).
The details shared by the company
- Mr. Shivanshu Mehta has transitioned from his current role of Head-Bullion and interim Chief Business Officer to Chief of Product - Precious & Base Metals.
- The date of appointment for the new role is October 8, 2026.
- Against "Brief Profile" and "Disclosure of relationship between Directors", the update states Not Applicable.
- The letter is signed by Manisha Thakur, Company Secretary.
What is a KMP?
A Key Managerial Personnel is a senior officer of the company, such as a chief executive officer, chief financial officer or company secretary, whose decisions influence how the business is run. Listed companies are required to inform the exchanges when such an officer's role changes, so that shareholders know who is handling which part of the business.
How to read this update
The person continues with the company; what changes is his designation and the area he handles. He moves from bullion and an interim business-officer charge to a product role covering precious and base metals.
For a retail investor, this reads as an internal organisational change at a senior level. The intimation is a disclosure of the role change and the date it takes effect.
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