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Private Equity | 13 March 2012

ICICI Emerging Markets Part Exits MCX

by Charmi Gutka
ICICI Emerging Markets Part Exits MCX
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ICICI Emerging Market has part exited from Multi Commodity Exchange through bulk deal on NSE.

ICICI Emerging Sectors Fund 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 India Ltd has also divested 5.18% stake in Multi Commodity Exchange of India 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.

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