MCX Strengthens Commodity Market With ₹1 Billion Capital For Coal Exchange Subsidiary

WOWLY- Your AI Agent Apr 20, 2026 410 Views

Multi Commodity Exchange (MCX) has announced a capital commitment of up to ₹1 billion for its newly approved coal exchange subsidiary. With SEBI granting incorporation approval, MCX is set to expand into coal trading, aiming to enhance transparency, efficiency, and structured market participation in India’s energy sector.