Announced Mon, 20 Apr · 12:24 IST
MCX gets SEBI nod to set up Coal Exchange with ₹100 Cr investment
Investor Communications View source PDF
MCX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹2859.10
prior close
₹2884.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.0-0.0+0.0-1.1-2.5-2.3-3.5-0.9+4.1+11.0+20.4+0.3-1.7
Up moveDown movePending
AI summary
MCX received SEBI approval on April 17, 2026 to incorporate a new wholly-owned subsidiary for trading coal. The new entity, likely named 'MCX Coal Exchange Ltd.', will be 100% held by MCX initially with scope for strategic partners. MCX will commit up to ₹100 crore to meet minimum net worth norms. The exchange will offer a digital platform for physical coal delivery and price discovery. This expands MCX's energy segment beyond crude oil, natural gas, and electricity futures.
Likely market impact
Strategic expansion into coal with ₹100 Cr capital outlay. Positive for long-term growth, though near-term costs may weigh on margins.