Moneta Markets Capital Ltd filed notice on 3 February 2026 terminating Kirit Balubhai Mistry as a director, following a series of leadership changes at the UK brokerage firm.
The departure follows the exit of Piyushkumar Parekh in December 2025 and comes after the company’s transition away from its previous identity as VIBHS Financial Ltd.
Moneta Markets Excellence Holding Limited acquired a controlling interest in the firm on 8 July 2025. The deal saw Parekh, who had served as both director and person with significant control, relinquish his ownership stake.
The company formally rebranded on 1 October 2025, adopting the Moneta Markets name. Within weeks, changes to the board were recorded.
Dale Robert Emery joined the board on 21 November 2025, representing the interests of the new parent company. Parekh then departed as director on 23 December 2025, ending his tenure as director.
Mistry remained as a director until his termination was filed this week.
The leadership changes have coincided with changes to the company’s capital structure. On 29 January 2026, the company completed an allotment of shares, filing a statement of capital with Companies House just days before Mistry’s departure was confirmed.
In UK corporate practice, such allotments can be used to inject working capital, meet regulatory requirements or convert debt to equity.
Current board composition
The board now consists of Emery and Guy Iain Oliver Riches, who has served as director since April 2022. Riches has served as director since April 2022, and Emery was appointed in November 2025.
Moneta Markets operates in the retail foreign exchange and contracts for difference sector. The acquisition of the UK-incorporated entity adds a presence in the British financial markets, using the regulatory infrastructure established during the VIBHS Financial era.
Filings related to the acquisition, rebrand, share allotment and board changes were made between October 2025 and February 2026.
