Multi Commodity Exchange of India Ltd

MCX Launches Coal Exchange Subsidiary with SEBI Approval 🔥📊

- MCX is establishing a new subsidiary, MCX Coal Exchange Ltd., to operate a regulated digital platform for coal trading with physical delivery.

- SEBI granted approval for the investment on April 17, 2026.

- MCX will initially hold 100% stake in the subsidiary, investing up to ₹100 crore at ₹10 per share par value.

- The platform aims to create transparent trading for coal within India's energy sector.

- Additional regulatory approval from the Coal Controller Organization of India will be sought after incorporation.