ICICI Emerging Sectors Fund has sold off 2,58,345 equity shares of Multi Commodity Exchange of India (MCX) for about Rs 32 crore in open market transaction. ICICI Trusteeship Services, through ICICI Emerging Sectors Fund, held a total of 1,349,181 shares or 2.65 percent stake in MCX.
According to the bulk data available on the exchanges, the fund has offloaded the shares at Rs 1,226.49 a piece, valuing the deal around Rs 31.68 crore.
MCX is the leading commodities exchange in India based on value of commodity futures contracts traded. The company is a de-mutualised 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 futures transactions.
| Company Name | CMP |
|---|---|
| Motilal Oswal Fin | 815.95 |
| Angel One | 323.35 |
| IIFL Capital Service | 313.40 |
| Nuvama Wealth | 1403.20 |
| Share India Sec. | 147.05 |
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