Oct 19, 2013, 02.33 PM IST
MCX-CEO-SHREEKANT-JAVALGEKAR:MCX says CEO Javalgekar submits resignation
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MCX CEO & MD Shreekant Javalgekar submits resignation
MCX-CEO-SHREEKANT-JAVALGEKAR:MCX says CEO Javalgekar submits resignation
Like this story, share it with millions of investors on M3
MCX CEO & MD Shreekant Javalgekar submits resignation
MCX-CEO-SHREEKANT-JAVALGEKAR:MCX says CEO Javalgekar submits resignation
It did not specify a reason for the resignation in a statement.
Financial Technologies also owns National Spot Exchange Ltd (NSEL). The NSEL has been under investigation by police since last month after India's commodities regulator ordered it to suspend trading over suspected violations of rules on contract duration.
The MCX board will meet on Tuesday to discuss the appointment of a new CEO, its spokesman said.
On October 18, 2013, Multi Commodity Exchange of India closed at Rs 510.35, down Rs 2.5, or 0.49 percent. The 52-week high of the share was Rs 1616.00 and the 52-week low was Rs 238.30.
The company's trailing 12-month (TTM) EPS was at Rs 57.65 per share as per the quarter ended June 2013. The stock's price-to-earnings (P/E) ratio was 8.85. The latest book value of the company is Rs 226.82 per share. At current value, the price-to-book value of the company was 2.25.
Action in Multi Commodity Exchange of India
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