The Reserve Bank of India has today notified that the aggregate share holdings in M/s Multi Commodity Exchange of India Limited by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) have gone below the prescribed threshold caution limit stipulated under the extant FDI policy. Hence the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect.

The Reserve Bank further notified that all the approvals received against the said scrip are duly cancelled. Equity shares of M/s Multi Commodity Exchange of India Limited can now be purchased through primary market and stock exchanges.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2713