MCX to ask SEBI to waive 2% cap on FTIL stake sale
The board of Multi-Commodity Exchange of India has decided to ask market regulator SEBI to relax the 2 percent lock-in cap on its promoter FTIL to enable the latter to sell entire 5 percent MCX stake via a block deal and comply with various regulatory orders.
Aug 18, 2014, 23:36 PM IST