Multi Commodity Exchange of India (MCX), Central Depository Services (CDSL) and CDSL Commodity Repository (CCRL) have executed an agreement and 1,20,00,000 equity shares of Rs 10 each equivalent to 24% of CCRL have been transferred to MCX on June 04, 2018.
Earlier, the company’s Board had given its in-principle approval for acquisition of equity stake up to 24% in the proposed CCRL.
MCX, the leading commodity bourse, largely offers futures trading in non-agricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.
