MCX schedules analyst meeting with GIC on June 4

0 min read     Updated on 01 Jun 2026, 08:19 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Multi Commodity Exchange of India Limited will hold a one-on-one meeting with Government of Singapore Investment Corporation (GIC) on June 4, 2026, in Mumbai. The meeting is part of the company's investor relations activities. The schedule is subject to change due to exigencies.

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Multi Commodity Exchange of India Limited has announced a one-on-one meeting with the Government of Singapore Investment Corporation (GIC) scheduled for June 4, 2026. The meeting will be held physically in Mumbai. This engagement is part of the company's ongoing investor relations activities.

The schedule was intimated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the schedule is subject to change due to exigencies on the part of the investor or the company.

Meeting Schedule

Day / Date Fund / Institution Name Type of Meeting / Location
Thursday, June 4, 2026 Government of Singapore Investment Corporation (GIC) One on one (physical) / Mumbai

The information regarding the meeting will be available on the company's official website. Manisha Harshad Thakur, Company Secretary, signed the disclosure on June 1, 2026.

Historical Stock Returns for MCX

1 Day5 Days1 Month6 Months1 Year5 Years
-2.17%-11.60%-2.62%+43.47%+119.89%+833.02%

What potential strategic partnerships or investments could arise from MCX's engagement with GIC?

How might this meeting influence MCX's stock performance and investor sentiment in the short term?

Could this interaction signal a broader trend of increased foreign institutional interest in India's commodity exchanges?

MCX launches Silver 100 futures to expand bullion portfolio

1 min read     Updated on 01 Jun 2026, 10:09 AM
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Reviewed by
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AI Summary

Multi Commodity Exchange of India Limited (MCX) launched the 'Silver 100' futures contract on June 1, 2026, to expand its bullion portfolio. The contract facilitates hedging for jewelers and investment for retail participants in smaller denominations. In FY 26, Silver Futures and Options recorded an average daily turnover of ₹21,648 crores and ₹74,883 crores respectively.

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Multi Commodity Exchange of India Limited (MCX) launched the 'Silver 100' futures contract on June 1, 2026, expanding its existing portfolio of bullion contracts. The new contract aims to provide businesses in India's silver industry with a mechanism to protect against price volatility while offering retail participants an opportunity to invest in smaller quantities through a regulated exchange framework. The launch is based on market feedback addressing the needs of the industry.

MCX is ranked No. 1 globally in Commodities Options, with its Silver Futures and Options ranked 2nd respectively according to the FIA report 2025. In FY 26, the average daily turnover for Silver Futures and Options stood at ₹21,648 crores and ₹74,883 crores respectively. The exchange currently offers 30 kg, 5 kg, and 1 kg contracts in Silver Futures and 5 kg and 30 kg monthly contracts in Options.

Key Features of Silver 100 Futures

The Silver 100g Futures contract is designed for hedging and investment purposes for jewelers, SMEs, and retail investors. It offers flexibility through liquidity and a smaller denomination. If delivery is taken at the expiry of futures, the contract ensures ease of delivery, transparent making charges, and a quality-assured product.

Feature Description
Target Audience Jewelers, SMEs, retail investors
Benefit Flexibility driven by liquidity and smaller denomination
Delivery Advantages Ease of delivery, transparent making charge, quality assured product

Operational and Regulatory Details

MCX issued Circular no MCX/TRD/287/2026 on May 14, 2026, informing market participants about the launch of Silver 100. Clearing and settlement for the contract will be handled by the Multi Commodity Exchange Clearing Corporation Limited (MCXCCL). Additionally, MCX has issued a circular on the 'Revision of MCX Good Delivery Norms - Silver' to invite eligible domestic silver refiners for empanelment, a move intended to reduce dependence on imports and increase domestic silver recycling.

Ms. Praveena Rai, Managing Director & CEO, MCX, stated that the contract allows local jewellery businesses to hedge or take delivery in quantities aligned with their inventory needs, reducing the need to commit larger amounts of capital.

Historical Stock Returns for MCX

1 Day5 Days1 Month6 Months1 Year5 Years
-2.17%-11.60%-2.62%+43.47%+119.89%+833.02%

How will the introduction of the Silver 100 contract impact MCX's market share in the global silver futures and options rankings over the next fiscal year?

What effect will the empanelment of domestic silver refiners have on India's reliance on silver imports and the domestic supply chain?

Will the success of the Silver 100 contract prompt MCX to launch similar smaller denomination contracts for other precious metals like gold?

More News on MCX

1 Year Returns:+119.89%