MCX Incorporates Wholly Owned Subsidiary Company for Coal Sector
Multi Commodity Exchange of India Ltd has expanded its corporate structure by incorporating a wholly owned subsidiary company, aimed at the coal sector.The new entity has been incorporated as a Public Company under the Companies Act, 2013. Its name is MCX Coal Exchange of India Limited.
The incorporation was completed on June 11, 2026. This expansion signifies a focused move by Multi Commodity Exchange to solidify its presence and operations within the coal commodities market.
MCX Stock Price Movement
Multi Commodity Exchange of India Limited shares rallied on Friday, settling at ₹2853 after climbing 2.74% off the previous close. The equity experienced strong intra-day movement, trading between a low of ₹2781.2 and a high of ₹2858 amid a volume of 1.88 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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