Blackstone GPV Capital Partners (Mauritius) VI FII has purchased 14,22,245 shares of Multi Commodity Exchange of India (MCX) through an open market transaction. The shares were purchased at Rs 573 on Bombay Stock Exchange (BSE) on January 06, 2014. On the other hand, Merrill Lynch Holdings (Mauritius) sold 14,22,245 shares at Rs 573 on the BSE.
Last year in December, the Forward Markets Commission (FMC) had accorded its approval to Blackstone GPV Capital partners (Mauritius) VI FII to increase its stake in MCX up to 4.99% through secondary market transaction.
MCX, the leading commodity bourse, largely offers futures trading in non-agricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.
Last year in December, the Forward Markets Commission (FMC) had accorded its approval to Blackstone GPV Capital partners (Mauritius) VI FII to increase its stake in MCX up to 4.99% through secondary market transaction.
MCX, the leading commodity bourse, largely offers futures trading in non-agricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.
No comments:
Post a Comment