MCX Gets SEBI Approval for Coal Exchange Subsidiary

MCX received SEBI approval on April 17, 2026, to invest in a proposed 100%-owned coal exchange subsidiary.
The new entity, MCX Coal Exchange Ltd., will create a regulated digital platform for physical coal delivery.
The initiative aims to deepen commodity market infrastructure with transparent, market-driven coal pricing.
A subsequent license application will be submitted to India's Coal Controller Organization when required.