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FTIL may seek more time to reduce MCX-SX stake

Before the stock exchange was allowed to commence equity-trading operations, FTIL and its sister firm MCX had to commit to reduce their combined stake to a total of 5 percent by January 18, in order to comply with SEBI‘s manner of increasing and maintaining public shareholding (MIMPS) regulations.

first published: Jan 9, 2014 01:37 pm

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