"As a policy of the Company, we would not like to comment on any intent/rumors which are speculative in nature. Hence, we refrain from commenting on the said news articles. We are not aware of any such developments," MCX said in a filing to Bombay Stock Exchange.
The company said that the exchange, being a regulated entity by the Forward Markets Commission, any acquisition in excess of 2 per cent or more of the paid-up equity capital of company has to satisfy the criteria of "fit and proper person" for becoming a share holder of the Exchange as prescribed under the guidelines issued by the Government of India for capital structure of commodity exchanges post 5-years of operation. This requirement is in addition to other applicable laws.
Dion Global Solutions Ltd.