Mumbai : MCX Stock Exchange, set up by crisis-hit NSEL’s promoters, appointed Saurabh Sarkar, head of United Stock Exchange, as CEO and announced plans for fresh capital infusion by its existing shareholders among measures to boost business. After a board meeting here, MCX-SX said that market regulator Sebi has approved the appointment of a new Managing Director and CEO, who was likely to join shortly, reports PTI. 

MCX-SX said that the board has also “accorded its in-principle approval to make a 1:1 rights issue to
existing shareholders”.

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