Skip to content
Subscriber Only

Founder of Top India Commodity Exchange Resigns Amid Probe

Jignesh Shah resigned from the board of Multi Commodity Exchange of India Ltd., the nation’s biggest commodity trading platform, amid an investigation into the failure of a related spot bourse.

Shah, 46, quit as non-executive vice chairman, according to a filing yesterday from the company he founded in 2003. He said he’s leaving to help ensure investors aren’t harmed by “mud-slinging” over the probe.