MCX Stock Exchange announced divestment of 6.48% equity to Union Bank of India and Bank of India through primary offering at Rs.10 per share of face value Re.1, involving investment of Rs.87.50 crore in the company.
The exchange in a filing with BSE said that it expects further 11.52% equity divestment to other banks. The divestment is in line with the regulatory requirements of SEBI and total of 18% equity will be divested with the top Indian public and private sector banks as strategic investors in the first round.
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August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.