Multi Commodity Exchange of India Merger & Restructuring Worth ₹9.2 Cr
MCX has invested Rs. 9.20 crore in India International Bullion Holding IFSC Limited (IIBHL) through a rights issue.
- Value
- ₹9.20 Cr
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MCX has invested Rs. 9.20 crore in India International Bullion Holding IFSC Limited (IIBHL) through a rights issue.
MCX plans to incorporate a Mineral Spot Exchange subsidiary. The company intends to invest up to ₹100 Crore as investment capital.
Multi Commodity Exchange of India Ltd invested ₹10 Crore in India International Bullion Holding IFSC Limited via a rights issue.
MCX incorporated a wholly owned subsidiary, MCX Coal Exchange of India Ltd. This expands its business into the coal exchange segment.
MCX received SEBI approval to incorporate a new wholly-owned subsidiary to operate a Coal Exchange. The venture involves a ₹100 Crore capital commitment to develop a transparent digital platform for physical coal delivery. This expansion makes MCX's energy portfolio comprehensive, adding to its existing crude oil, natural gas, and electricity contracts.
Multi Commodity Exchange of India (MCX) is incorporating a new wholly-owned subsidiary, MCX Coal Exchange Ltd., with an investment of up to ₹100 Crore. SEBI has granted approval for this investment. The entity will develop a regulated, technology-driven digital platform for coal trading and physical delivery, leveraging MCX's existing market infrastructure.