|₹2135 / ₹1432.3|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
The Multi Commodity Exchange of India Ltd is a deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956; based on value of commodity futures contracts traded. The company is a demutualised exchange and received permanent recognition from the Government of India on September 26, 2003, to facilitate nationwide online trading, clearing and settlement operations of commodities derivatives. Multi Commodity Exchange of India Ltd was originally incorporated as a private limited company under the Companies on April 19, 2002 as Multi Commodity Exchange of India Private Limited. Subsequently, the company was converted into a public limited company and consequently the name was changed to Multi Commodity Exchange of India Limited on May 16, 2002. MCX commenced online futures trading in November 2003. The company received non-promoter equity participation for the first time in the year 2004 when Bank of India, Union Bank and Corporation Bank invested in the Equity Shares of the company. Since then, it has received equity participation from various banks and financial institutions, including State Bank of India in July 2004, HDFC Bank Limited in March 2005, the NSE in May 2005 and NABARD in June 2005. Fidelity Funds-India Focus Funds (FID Funds (Mauritius) Limited) also invested in equity Shares of the company.