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MCX-SX promoters hire banker for stake sale, eyeing $700M valuation

By Madhav A Chanchani

  • 04 Jun 2013
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MCX-SX promoters hire banker for stake sale, eyeing $700M valuation

Promoters of MCX Stock Exchange (MCX-SX) have launched a stake sale process in order to meet the 5 per cent holding limit as stipulated by the market regulator Securities and Exchange Board of India (SEBI).According to sources, co-promoters Financial Technologies (India) Ltd (FTIL) and Multi Commodity Exchange of India Ltd ......

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