ICICI Emerging Market has part exited from Multi Commodity Exchange through bulk deal on NSE.
@ICICI_Emerging offloaded 258345 equities of MCX for R1226.49 a piece, valuing the deal to R31.68Cr.
ICICI Trusteeship Services Ltd, through ICICI Emerging Sectors Fund, held a total of 1349181 shares constituting 2.65% stake in MCX.
Recently, @Financial_Technologies Ltd has also divested 5.18% stake in @Multi_Commodity Limited in the recently concluded IPO.
It sold 2643916 equity shares of face value of R10/- each for a consideration of R1032/- per share. With this transaction FTIL’s shareholding has come down to 26%.
According to BSE, FIIs hold 7.81%, domestic institutions have 26.28% and other shareholders have 39.91% stake in the exchange.