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14th International Convention

INDIA@2047

Capital Markets - The Growth Catalyst for Viksit Bharat

Association of National Exchanges
Members of India

ANMI is an association comprising around 900 Stock Brokers from across the country who are members of the National Stock Exchange of India Limited, The Bombay Stock Exchange, Multi Commodity Exchange and other exchanges having a national presence.

The basic objective of ANMI is to work for the growth of the capital markets thus contributing to the economic development of the country and the overall interest of investors and its members at large by becoming a medium between the regulators, exchanges and participants.

ANMI believes that efficient financial markets are the main attraction for development of trade, industry, and infrastructure, generation of employment, and increased revenue to the nation. There is no doubt that the capital market is the fulcrum of any monetary system, savings, and capital formation is the key to growth which transforms and results in creating further wealth.

ANMI has been closely working over the last several years with Asia Securities Forum and International Forum for Investor Education – which in turn is supported by IOSCO. ANMI was the chair of AFIE during 2012-13 and is spearheading the movement of Investor Education.

ANMI is also a member of International Council of Securities Association (ICSA). ANMI provides a healthy platform for its members to regularly interact with each other, aids them to identify and understand the problems / difficulties / issues being faced by them / investors / financial fraternity from time to time.

India@2047: Vision for a Developed Nation

Capital Market The Growth Catalyst for Viksit Bharat

India@ 2047: Capital Market The Growth Catalyst for Viksit Bharat envisions India's capital markets as a key driver in achieving the nation's goal of becoming a developed economy by 2047.

Capital markets will play a crucial role in financing large-scale infrastructure projects and contributing to a $10 trillion economy. Financial inclusion will be expanded through digital platforms and fintech innovations, enabling broader participation across socio-economic groups.

Sustainability and ESG Investing will support India's climate goals, while technological advancements like blockchain, AI, and big data will enhance market transparency and efficiency.

By positioning India as a global investment hub, fostering investor confidence, and attracting FDI and FII, the country aims to become a competitive player in the global economy. Strengthening policies and regulations will further boost innovation, entrepreneurship, and systemic stability, ensuring long-term sustainable growth.

Focused Topics

Shaping the Future: Industry and Startups in Capital Markets

As India embarks on its journey towards Viksit Bharat 2047, the capital markets will serve as the backbone of economic transformation. A robust and dynamic financial ecosystem will be pivotal in mobilizing resources, fostering innovation, and accelerating sustainable growth. With digitalization, regulatory advancements, and progressive policies, India's capital markets will unlock unprecedented opportunities for wealth creation, infrastructure development, and entrepreneurship.

The Next Tech Revolution: Emergence of Game Changing Innovation

As India envisions Viksit Bharat 2047, technological innovation will redefine the capital markets, driving efficiency, transparency, and financial inclusion. Emerging technologies like blockchain, AI, etc. will revolutionize trading, risk management, and regulatory oversight. Digital assets, tokenization, and fintech-driven solutions will deepen market access, enabling seamless capital flow across sectors.

Women in Leadership: Navigating Challenges, Embracing Opportunities

As India strides toward Viksit Bharat 2047, women leaders are set to play a defining role in shaping the nation's economic and financial future. The momentum is buildingβ€”women's representation in senior leadership roles has steadily risen, reaching 18.3% in 2024, with a growing presence in decision making positions.

Fireside Chat

A Fireside Chat with key personnel in India's capital markets will offer valuable insights into how the sector can drive the nation's growth towards a Viksit Bharat by 2047. Leading industry experts, regulators, and thought leaders will discuss the evolving landscape of capital markets, highlighting the role of innovation, technology, and sustainable investing.

ANMI Leadership

NATIONAL PRESIDENT

Mr. Vinod Kumar Goyal

National President, ANMI

As India strives to become a dominant economic force by 2047, its capital markets are poised to play a starring role. The theme 'India@2047: Capital Markets - The Growth Catalyst for Viksit Bharat' highlights the sector's potential to accelerate socio-economic progress. In today's fast-changing global economy, India's capital markets are well-positioned to capitalize on emerging opportunities.

CONVENER

Mr. Hemant Kakkar

Convener 14th International Convention & Director, National Council, ANMI

As we envision India's ascendance to a formidable economic powerhouse by 2047, the capital markets play a pivotal role in this transformation. The theme 'India@2047: Capital Markets - The Growth Catalyst for Viksit Bharat' encapsulates this incredible potential in propelling India's socio-economic development. Against the backdrop of a rapidly evolving global economic landscape, India's capital markets are instrumental in harnessing opportunities and driving progress.

CO-CONVENER

Mr. Pawan Bagri

Co-Convener, Director, National Council, ANMI & Managing Director, Parwati Capital Market Private Limited

Pawan Kumar Bagri is an experienced and visionary professional who founded Parwati Capital Market Private Limited in 2002. As the Managing Director, he has successfully led the company to the forefront of the financial markets by leveraging cutting-edge technology and innovative strategies. With a strong commitment to work-life balance, he not only manages large teams effectively but also fosters a diverse and inclusive workplace, advocating equal opportunities for both men and women.

CO-CONVENER

Mr. Rakesh Somani

Co-Convener & Whole Time Director, Eureka Stock & Share Broking Services Limited

India's journey toward a resplendent future is guided by the Government's visionary plan, Viksit Bharat 2047, which envisions a thriving nation fueled by inclusive, and innovation-driven economic growth. Capital markets are the linchpin of economic growth, efficiently allocating resources, nurturing entrepreneurial spirit, and creating opportunities. Mr. Somani is a Chartered Accountant (Rank Holder) with extensive experience in capital markets.

CO-CONVENER

Mr. Kaushik Daga

Co-Convener & Director, Millennium Stock Broking Pvt Ltd

Kaushik Daga is a finance professional with extensive experience in stockbroking, proprietary trading, and quantitative finance. He holds a degree in Financial Engineering from the University of Michigan and Computer Engineering from Pune University. A former Board Member of ANMI and member of the NSE Trading Member Advisory Committee, Kaushik has contributed to industry discussions on market development and trading infrastructure.

Chief Guest & Special Guests of Honour

CHIEF GUEST

Mr. K. Rajaraman

Chairperson, International Financial Services Centres Authority (IFSCA)

Shri K. Rajaraman assumed the responsibility of the Chairperson of IFSCA on 1st August 2023 after serving for nearly 35 years in various leadership roles in Government of India and Government of Tamil Nadu. He is a B.Tech Graduate in Electronics & Communications, a first-class MBA and Master of Economics. He was MD of Chennai Metro Railways for nearly 4 years, Commissioner for Commercial Taxes in Government of Tamil Nadu, and served as Additional Secretary in the Department of Economic Affairs, Ministry of Finance.

SPECIAL GUEST OF HONOUR

Mr. V S Sundaresan

Executive Director, SEBI

Mr. Sundaresan has more than 30 years of experience in Securities Market. He is presently heading the Information Technology Department and Market Regulation Departments of SEBI. His responsibilities include monitoring the Cyber Security of SEBI as well as the securities market, and the functioning of stock exchanges, depositories and clearing corporations. He has delivered 400+ lectures within India and 25+ lectures in overseas seminars.

GUEST OF HONOUR

Mr. Ashishkumar Chauhan

MD & CEO, National Stock Exchange of India (NSE)

A technocrat from IIT Bombay and IIM Calcutta, he was part of the founding team at NSE. He is credited with setting up first screen-based trading in India and is considered as the father of modern financial derivatives in India. NSE, today, is the largest exchange in the world in terms of the number of orders and trades per day. He has been awarded many awards including the Most Influential CEO Award by CEO Monthly in 2024 and Lifetime Achievement award from Global Custodian at Singapore in 2023.

GUEST OF HONOUR

Ms. Praveena Rai

MD & CEO, Multi Commodity Exchange of India Ltd (MCX)

Ms. Praveena Rai is the MD & CEO of MCX, India's largest commodity derivatives exchange. Her illustrious career spans over 20 years in financial services. She was the Chief Operating Officer with National Payments Corporation of India (NPCI). She has also held leadership positions in Citi Group, HSBC and Kotak Mahindra Bank. She is an engineer and management postgraduate from IIM Ahmedabad. She has been awarded by Forbes in the Self-Made Women List 2024.

GUEST OF HONOUR

Ms. Latika Kundu

MD & CEO, Metropolitan Stock Exchange of India Limited

Ms. Latika S. Kundu is a widely acknowledged leader in financial markets who brings over 25 years of experience in establishing and managing exchanges, clearing houses, and depositories across diverse asset classes. She was the Co-Founder & Chief Operating Officer of SDiX, the world's first commodity exchange for physically settled diamonds. She has been recognized as a 'Thought Leader' and felicitated with 'Distinguished Alumnus Award'.

GUEST OF HONOUR

Mr. Nehal Vora

MD & CEO, Central Depository Services (India) Limited (CDSL)

With over 27 years of experience, Nehal has driven transformative growth at CDSL since September 2019, overseeing it become the custodian for over 145 million demat accounts. His achievements have earned him numerous accolades, including the "Global Custodian Legend Award, Asia" in May 2024, and "CEO of the Year Asia" by Asia Asset Management. Under his leadership, CDSL has received the 'Central Securities Depository of the Year' award.

GUEST OF HONOUR

Mr. Vijay Chandok

MD & CEO, National Securities Depository Limited (NSDL)

Mr. Vijay Chandok is the MD & CEO of NSDL from November, 2024. He was with ICICI Group for over three decades and served as the MD & CEO of ICICI Securities Ltd. for 5 years from 2019. He holds a Master's degree in Management Studies from NMIMS and a Bachelor's degree in Mechanical Engineering from IIT (BHU), Varanasi. He was conferred with a Distinguished Alumnus Award from NMIMS University in 2017.

Shaping the Future:
Industry and Startups in Capital Markets

11:30 AM - 12:30 PM

GUEST OF HONOUR

Mr. Shekhar Chaudhary

Director (Financial Market), Department of Economic Affairs, Ministry of Finance, Government of India

Experienced General Manager in RBI with 18+ years in the banking industry. Skilled in Financial Markets, Analytical Skills, Regulatory Banking, Financial Risk and Currency Management. Strong financial professional with an MBA in Finance from IIM Calcutta and a law graduate (L.L.B.) with interest in legal complexities.

MODERATOR

Mr. Rakesh Somani

Whole Time Director, Eureka Stock & Share Broking Services Limited

Chartered Accountant (Rank Holder), Cost Accountant and Diploma in Business Finance (ICFAI). Former President of ANMI and Chairman of Asian Forum for Investor Education (AFIE). Member of Trading Advisory Committee of NSE, ICCL and MSEI. Associated with Eureka for 28 years with hands-on experience in Capital Market, Stock Broking, PMS, Mutual Fund Distribution, and DP services.

PANELIST

Mr. Aditya Saraogi

Group Chief Financial Officer, Birla Corporation Ltd

Chartered Accountant with more than 36 years of diverse experience in financial operations, accounting, taxation, governance, compliance and internal controls. Working with Birla Corporation Limited for more than 14 years. Prior to joining, he was with Ernst & Young and BDO, serving clients including ITC, Bharti Airtel, Lafarge India, and Reliance Communications.

PANELIST

Mr. Ashok Kumar Agarwal

Founder and Executive Chairman, Globe Capital Market Ltd

Visionary entrepreneur and leader with extensive experience in the capital market. His success mantra has been to have a holistic positive attitude and building honest relationships without business motives. He has been passionate about creating value in the capital market ecosystem.

PANELIST

Mr. Avinash Kansal

Business Head - Capital Markets, Custody Business & Financial Sponsor Group, ICICI Bank Ltd

Over 15 years of experience with ICICI Bank Limited in Corporate Banking, Transaction Banking, Services, NBFC, Stressed Assets & Foreign Investments. Currently leading the Custody, Capital Markets Business & Financial Sponsor Group. Rank holder Chartered Accountant with B.Com (H) from University of Calcutta. Expertise in Foreign Investments, Corporate Finance, and Stressed Assets Management.

PANELIST

Mr. Rishi Nathany

Chief Business Officer, MCX

Commerce graduate, Certified Financial Planner and alumnus of IIM Kozhikode. Over 25 years of rich experience across equity, commodity, currency and insurance broking, financial planning, training, wealth and portfolio management. A passionate writer and speaker, regularly invited to speak or moderate at various industry events. Has imparted training programs to leading banks, fund houses and insurance companies.

PANELIST

Mr. Sriram Krishnan

Chief Business Development Officer, NSE

Over 28 years of work experience in Indian banking and capital markets space. Spent about 22 years with multinational organisations including HSBC, Citi and Deutsche Bank. Current role at NSE entails establishing and managing business strategy and advocacy, product lifecycle and all business alliances. Oversees marketing & corporate communication and economic policy & research. Qualified Chartered and Cost Accountant from India.

PANELIST

Mr. Subhash Chand Aggarwal

Co-Founder, Chairman & Managing Director, SMC Global Securities Ltd

Co-founder of SMC Group with about 35 years of experience in securities & financial services market. Fellow member of ICAI. Has been instrumental in building SMC into one of the leading diversified financial services companies, winning many accolades including Great Place To Work, Best Financial Services Provider. Led the group to diversify from Stock Broking to Commodity Broking, Mutual Funds, Insurance Products, Investment Banking, Wealth Management, and more.

The Next Tech Revolution:
Emergence of Game Changing Innovation

12:30 PM - 13:30 PM

GUEST OF HONOUR

CA Charanjot Singh Nanda

President, Institute of Chartered Accountants of India (ICAI)

Elected as the President of ICAI for 2025-26. Practicing Chartered Accountant for 34 years. Secured 35th rank in CA Inter Examination. Distinguished Fellow Member serving for three decades. He was Chairman of the Northern India Regional Council (NIRC) of ICAI for 2002-2003. Chairman of many committees including Internal Audit Standards Board, Digital Accounting and Assurance Board. Represented ICAI on SEBI Advisory Committees and various Government Bodies.

MODERATOR

Mr. Kaushik Daga

Director, Millennium Stock Broking Pvt Ltd

Finance professional with extensive experience in stockbroking, proprietary trading, and quantitative finance. Holds degree in Financial Engineering from University of Michigan and Computer Engineering from Pune University. Former Board Member of ANMI and member of NSE Trading Member Advisory Committee. Expertise in leveraging quantitative models and automation to enhance trading efficiency.

PANELIST

Mr. Ajay Kejriwal

CEO, Choice Equity Broking Pvt Ltd

CA with around two decades of experience in Capital Markets, Financial Consulting and Investment Banking. SEBI Registered Investment Advisor with Diploma in Information Systems Audit. Instrumental in launching Choice FinX app. Leads Choice Equity Broking with reach to more than a million customers worldwide. Governing Board Member at BSE Brokers' Forum, Executive Committee Member in ANMI and Chairman of Western Region of Commodity Participants Association of India.

PANELIST

Mr. Deepak Trivedi

Chief General Manager, SEBI & NISM

Fellow Member of The Institute of Chartered Accountants and IOSCO Certified Assessor on Principles related to Securities Markets. Joined SEBI in 1996 and worked in various departments handling Corporate Finance, Intermediaries Registration and Supervision, and International Affairs. Key member in establishing National Institute of Securities Markets. Core team member responsible for drafting guidelines related to International Financial Services Centre.

PANELIST

Mr. Jay Prakash Gupta

Founder, Dhan (Moneylicious Securities Pvt Ltd)

Alumnus of IIM Ahmedabad with over 18 years of experience in financial services industry. Exposed to asset classes like equity, commodity, currency, and other financial segments. Conferred as India's Best Analyst – Commodities Fundamental category (2014) by Shri Narendra Modi and in 2016 by Shri Piyush Goyal at the Zee Market Analyst Award.

PANELIST

Mr. Louis Hems

Commercial Director, Dubai Gold and Commodities Exchange (DGCX)

From UK, bringing more than 15 years' experience in commodity and financial market sales, specialised in spot & future markets, technology & regulatory aspects of exchange traded derivatives. Formerly held management roles for exchanges based in London and an International clearing bank. Holds degree in engineering and MBA from Bayes Business School.

PANELIST

Mr. Ninad Rajadhyaksha

Head of Advanced Technology Group, CDSL

Leads the Advanced Technology Group at CDSL, focusing on research and innovation with emerging technologies like AI/ML, blockchain, and quantum. Over 26 years of global experience in diverse technologies with domain expertise in BFSI and healthcare. Contributed to Indian capital markets, especially in trading system architectures. Authored several thought leadership papers and holds two patents.

PANELIST

Mr. Prashant Vagal

Executive Vice President and Heads Operations, NSDL

Bachelor of Engineering and MBA in finance with over 28 years of experience in Capital Markets. Associated with NSDL for 27 years handling Business development, Participant Interface, New Product developments, Settlements, Training, Investor Education, Marketing, and Corporate Communications. Regular speaker at various forums on Capital Markets and Depository operations.

PANELIST

Mr. Rajeev Garg

Senior General Manager, BDM Retail, BSE Ltd

Seasoned professional with extensive experience in capital markets. Currently Senior General Manager at BSE Ltd handling Retail Business Development and Marketing. Played instrumental role in setting up Northern Regional office of BSE Ltd from single man office to full scale regional office at New Delhi.

Women in Leadership:
Navigating Challenges, Embracing Opportunities

14:30 PM - 15:30 PM

MODERATOR

Ms. Honey Sethi

Independent Director, Atul Auto Limited

Chartered Accountant and finance expert with 12+ years of experience. Worked with top companies like DNEG Media, CMS Info, and PwC. As an independent director at Atul Auto Limited, Honey brings her expertise to the table. She's a scholar achieving top positions in academics. Leads organizations like LeanIN Mumbai (women upliftment), ICAI, and Young Indians. Promotes financial literacy through social media. Follow @CAHoneySethi.

PANELIST

Ms. Koel Ghosh

Executive Director, Head India Client Coverage, MSCI

Currently Executive Director, Head India Client Coverage for MSCI Inc. Over two decades of experience in financial industry with extensive background in strategic initiatives. Served as CEO of Asia Index Pvt Ltd and Head of South Asia at S&P Dow Jones Indices. Career includes positions at Thomson Reuters, UTI Asset Management, IL&FS Asset Management, and PricewaterhouseCoopers. Qualified Chartered Accountant, recognized among Top 100 Women in Finance and Chapter Lead for Women in ETFs, India Chapter.

PANELIST

Ms. Lakshmi Iyer

CEO - Investment & Strategy, Kotak Alternate Asset Managers Limited

CEO - Investment & Strategy at KAAML with Kotak Group for over 22 years. Responsible for investment advisory, product solutions spanning fixed income, equities, real estate and alternates. Previously CIO Fixed Income & Head – Products. MBA in finance from NMIMS. Recognized as one of Top 25 most influential women in asset management in Asia by Asian Investor. Features in Forbes W-Power list 2022 and 2024. Awarded India's Impactful CEOs 2023 by Times Now.

PANELIST

Dr. (h.c.) CS Mamta Binani

President, MSME Development Forum, West Bengal

National President of the Institute of Company Secretaries of India in 2016. President of MSME Development Forum, West Bengal. First registered Insolvency Professional of India. Working for empowerment of women constantly. Lawyer specializing in governance, company law and NCLT and turnaround of stressed assets. Working as professional for 28 years. Given more than 4500 discourses on professional and social topics. Independent director in Emami Limited, Balrampur Chini etc.

PANELIST

Ms. Neha Mehta

Founder & CEO, FemTech Partners

Seasoned fintech and sustainability expert with extensive experience in financial inclusion, digital payments, and climate finance. CEO & Founder of FemTech Partners, a consultancy dedicated to advancing financial inclusion through technology. Served as Pacific Regional Lead at UNCDF, spearheading blue bond projects worth $50 million. Chevening Financial Services Fellow and EUVP Fellow. Author and Penguin SEA writer. Adjunct faculty at NTU, Singapore.

PANELIST

Ms. Renu Bhandari

Sr. Vice President, Member Registration / Compliance and Inspection, NSE

Post Graduate in Economics and MBA (Finance), associated with NSE for past 28 years. Handled various portfolios at Regional Office including audit of members, Compliance, Risk Management, Investor Grievance and arbitration mechanism. Delivered Investor Education seminars in different cities of Northern India. Participated in international institute for securities market development program organized by US SEC in Washington DC. Currently heading broker supervision and member registration & compliance.

PANELIST

Dr. Supriti Mishra

Professor, International Management Institute (IMI), Bhubaneswar

Full Professor at IMI Bhubaneswar, expert in Corporate Strategy, CSR, ESG, Diversity, and Corporate Governance. Conducted several executive training programs for 500+ mid- and senior executives. Extensively published in FT50, Scopus, and Web of Science journals. Published management cases in Ivey Publishing and Asian case research journal. Won Best Paper Awards at Global Business Research Conference and IEA International Conference. Fulbright Fellow 2009-10 at Stern Business School, NYU. Sits on Boards of companies and educational institutions.

Fireside Chat

15:30 PM - 16:30 PM

MODERATOR

Mr. Anuj Singhal

Managing Editor, CNBC - Awaaz

Among India's most seasoned and popular stock market anchors. Graduate with Economics honours from Delhi University and post graduate diploma holder in Finance. With CNBC-TV18 since 2003 after joining straight out of college. Tracked Indian financial markets for last 2 decades and was the lead anchor for both Bazaar and Closing Bell on CNBC-TV18. Under Anuj's leadership, CNBC-Awaaz has become the number 1 business news channel. Wide social media presence with nearly 1 million followers. For many retail traders and investors, Anuj is the go-to person in stock markets.

GUEST SPEAKER

Mr. Vijay Kedia

Private Investor

Individual Investor in stock market with experience of more than three decades. Started with zero capital, has identified many multibaggers in investing career. Some investments have appreciated 100 times in the past. Largest shareholder (after promoters) in more than 15 BSE and NSE listed companies. One investment has given him 16400 TIMES return. Three times TEDx speaker and keynote speaker in prominent B schools like IIM Ahmedabad, IIM Bangalore, Indian Business School Hyderabad, London Business School. Conferred with Doctorate degree for Excellence in Management. Received "ACE INVESTOR" award and "SARVOTTAM SAMMAN" 2020 at Raj Bhavan. Written and sung more than 15 songs to educate new and small investors.