Multi Commodity Exchange of India Ltd

MCX Expands Into Coal Trading With New Subsidiary 🔄⛏️

• MCX received SEBI approval on April 17, 2026 to invest in a new coal exchange company

• New subsidiary will be named MCX Coal Exchange Ltd. or MCX Coal Exchange of India Ltd.

• Initial 100% ownership by MCX with potential for future strategic partners

• Investment commitment of up to ₹100 Crore to meet net worth requirements

• Platform will provide transparent digital trading for physical coal delivery and price discovery

• Expands MCX's energy sector presence beyond existing crude oil, natural gas, and electricity contracts