Government Pension Fund Global (Norway) decreased its stake in Multi Commodity Exchange of India Limited from 3.66% to 3.30%, selling 912,947 shares. The value of the shares sold is ₹298.37 crore, at an average price of ₹3268.00 per share.
India's leading commodity derivatives exchange, MCX operates as a national-level electronic platform regulated by SEBI. The exchange provides fair price discovery and price risk management services across the Indian commodity market ecosystem. As India's first listed national commodity exchange, it facilitates trading in metals, energy, and agricultural commodities for farmers, traders, and institutional participants seeking hedging and investment opportunities in commodity markets.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
