MCX acquires 24% stake in the proposed CDSL Commodity Repository Ltd (CCRL).

In a regulatory filing MCX stated, “We wish you to inform you that an agreement has been executed between MCX, CSDL and CCRL and 1,20,00,000 equity shares of Rs.10 each equivalent to 24% of CCRL have been transferred to MCX Ltd today.” The filing further added that, its board has given in-principle approval, for acquisition of the stake in CCRL.

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