Kotak Mahindra Bank Holds 15 Per Cent Stake: India's Leading Commodity Exchange Company to Mull First-Ever Stock Split on August 01

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Kotak Mahindra Bank Holds 15 Per Cent Stake: India's Leading Commodity Exchange Company to Mull First-Ever Stock Split on August 01

The stock has delivered exceptional shareholder returns, surging 94 per cent from its 52-week low of Rs 4,075.05 per share and providing multibagger returns of 460 per cent over the last three years.

Multi-Commodity Exchange of India Ltd (MCX), which began operations in November 2003, stands as India's premier listed, national-level, electronic exchange and the country's leading commodity derivatives exchange. It plays a crucial role in the Indian commodity market by facilitating fair price discovery and offering essential price risk management solutions. Operating under SEBI regulations, MCX is also a full member of the World Federation of Exchanges (WFE), the global industry group for exchanges and Central Counter Parties (CCPs). The exchange has further solidified its global presence through strategic alliances with prominent international exchanges, including the Dalian Commodity Exchange, London Commodity Exchange, Taiwan Futures Exchange and  Mozambique Commodities Exchange, ensuring seamless integration within the global commodities ecosystem.

Multi-Commodity Exchange of India Ltd (MCX) announced on July 11, 2025, that its Board of Directors will convene a meeting on Friday, August 1, 2025. The primary agenda for this meeting is to consider and approve the Unaudited Financial Results (Standalone & Consolidated) for the quarter that ended June 30, 2025. Additionally, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board will also review a proposal to stock split the company's existing equity shares, which currently have a face value of Rs 10 each. This proposed share split will be subject to the necessary approvals as per the Companies Act, 2013, Securities Contract (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 and  SEBI LODR Regulations, 2015.

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This company presents a compelling financial profile, boasting a market capitalisation exceeding Rs 40,000 crore. While its shares trade at a PE of 72x, this is potentially justified by strong profitability metrics, including an impressive ROE of 34 per cent and an ROCE of 43 per cent. Over the past five years, the company has demonstrated robust financial health with a profit growth CAGR of 25.4 per cent and has maintained a healthy dividend payout of 46.5 per cent.

Kotak Mahindra Bank holds 15 per cent stake in the company as of June 2025. Furthermore, the stock has delivered exceptional shareholder returns, surging 94 per cent from its 52-week low of Rs 4,075.05 per share and providing multibagger returns of 460 per cent over the last three years.

Disclaimer: The article is for informational purposes only and not investment advice.