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Private Equity | 1 March 2012

Bajaj Holdings Acquires 3% Stake In MCX

by Charmi Gutka
 
@charmi

Bajaj Holdings and Investment Limited has acquired 3.06% stake in MCX by purchasing 1.56Mn shares from @Passport_Capital LLC.

Bajaj Holdings bought the shares at R800 a piece, a fews days before the MCX offering opened for subscription.

According to RHP filed on SEBI, Passport Capital LLC held 2.5 Mn Shares constituting 4.9% stake in MCX.


San Francisco based Passport Capital manages approximately $3.7 bn in assets. It invests in Agriculture, Basic Materials, Consumer, Energy, Financial Services, Healthcare, Capital Markets, Internet / Technology, India and Middle East & North Africa.

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