MMTC has extended its tender offer to sell up to 6 per cent stake in the Reliance ADAG-anchored Indian Commodity Exchange (ICEX) for a fifth time till November 29, following a low response from investors.
The company has been looking for investors since July to bring down its stake from the current 9.55 per cent in the commodity bourse. However, it did not receive good response and has been extending the deadline for bid submission.
MMTC is engaged in the business of metals, fertilizers, agro products, precious metal, mineral & ores, hydro - carbon. It’s the largest non-oil importer in India.
