MMCM Appoints Prasad S Shetty As Chief Financial Officer

Meta Materials Circular Markets (MMCM) has appointed Prasad S. Shetty as its Chief Financial Officer (CFO), effective August 12, 2026. Shetty will lead the company’s finance function and work with key stakeholders on its financial direction and growth plans.

Shetty is a Chartered Accountant with more than 13 years of experience across finance, financial strategy, taxation, governance, financial controls and business partnering. Before joining MMCM, he was Associate Director – Finance at Freight Tiger, where he was part of the senior finance leadership team.

At Freight Tiger, Shetty worked across financial planning, management reporting, taxation, working capital, governance and process improvements. Prior to that, he worked at BARC India, where he handled taxation, financial reporting and audits, and at Allcargo Logistics, where he was involved in the group-wide GST implementation.

Prasad S Shetty’s Finance And Governance Experience

At Allcargo Logistics, Shetty was involved in designing the compliance framework, transforming tax processes and supporting the nationwide rollout of GST. His experience at BARC India included taxation, financial reporting, audits and financial controls.

Commenting on the appointment, MMCM CEO Nitin Chitkara said, “Prasad brings deep financial and governance expertise across high-growth, complex businesses.” He added that Shetty’s experience would support the company as it scales its operations and strengthens financial discipline and governance.

Shetty To Lead MMCM Finance Function

In his new role, Shetty will lead MMCM’s finance function and play a strategic role in shaping its financial direction, financial discipline and engagement with key stakeholders.

Shetty said the appointment comes at a significant stage for India’s circular economy and carbon markets, adding that he would work with the leadership team on financial discipline, governance and long-term growth.

MMCM operates across carbon credits, extended producer responsibility (EPR) frameworks and digital measurement, reporting and verification (MRV) systems. The company said Shetty’s appointment is intended to strengthen its leadership as it expands its operations in these areas.