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Subsidiary12 Jun 2026, 10:31 pm

MCX Incorporates Wholly Owned Subsidiary MCX Coal Exchange

AI Summary

Multi Commodity Exchange of India Ltd (MCX) has incorporated a new wholly owned subsidiary named "MCX Coal Exchange of India Limited" on June 11, 2026. This move, following an earlier intimation on April 18, 2026, establishes a new entity under the Companies Act, 2013. The incorporation details align with SEBI regulations, and further information will be available on the company's website. This strategic step likely aims to expand MCX's operational scope within the commodity exchange sector.

Key Highlights

  • MCX has incorporated a new wholly owned subsidiary.
  • The subsidiary is named "MCX Coal Exchange of India Limited".
  • Incorporation date was June 11, 2026.
  • This is a strategic expansion for the company.