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Subsidiary17 Oct 2026, 04:00 pm

MCX Incorporates Wholly Owned Subsidiary MCX Mineral Exchange of India Limited

AI Summary

Multi Commodity Exchange of India Ltd (MCX) has announced the incorporation of its wholly owned subsidiary, MCX Mineral Exchange of India Limited. The new entity was incorporated on October 16, 2026, under the Companies Act, 2013. This development follows an earlier intimation dated August 12, 2026, and the necessary details as per SEBI regulations have been disclosed. The company will also update its website with this information.

Key Highlights

  • MCX has incorporated a new wholly owned subsidiary.
  • The subsidiary is named MCX Mineral Exchange of India Limited.
  • Incorporation date is October 16, 2026.
  • This is a strategic move to expand business operations.