Multi Commodity Exchange (MCX) has announced its first-ever stock split, marking a significant milestone for India's leading commodity derivatives exchange. The board-approved corporate action will subdivide each existing share in a 1:5 ratio, with the record date set for January 2, 2026.

Stock Split Details

The subdivision will transform the share structure as outlined below:

Each MCX share with a face value of ₹10.00 will be converted into five shares with ₹2.00 face value. This corporate action is designed to enhance stock affordability and make the shares more accessible to retail investors, potentially improving liquidity in the stock.

Eligibility Requirements

To qualify for the stock split, investors must hold MCX shares as of the record date. Given India's T+1 settlement cycle, shareholders need to purchase the stock at least one trading day before January 2, 2026, to be eligible for the additional shares. Purchasing shares on the record date itself will not qualify investors, as the ownership transfer won't be reflected in time.

The stock split increases the number of outstanding shares while reducing the face value proportionally, ensuring that the total investment value remains unchanged for existing shareholders.

Recent Stock Performance

MCX shares have demonstrated strong performance across multiple timeframes:

The stock closed at ₹11,050.00 on December 26, positioning near its 52-week high and reflecting strong investor confidence in the exchange's business prospects.

Company Profile

Multi Commodity Exchange operates as India's leading listed commodity derivatives exchange, providing an online trading platform for futures and options across various commodity segments. The exchange facilitates trading in:

• Bullion: Gold and silver derivatives
• Energy: Crude oil and natural gas contracts
• Metals: Base and precious metals
• Agricultural Products: Various agricultural commodity derivatives

This stock split represents MCX's commitment to broadening its investor base and improving share accessibility while maintaining its position as the country's premier commodity trading platform.

MCX has announced January 2 as the record date for its upcoming share split, marking a significant corporate action by the leading commodity exchange operator.

Record Date Announcement

The company has officially set January 2 as the crucial date to identify shareholders who will be eligible for the upcoming share split. This record date serves as the cut-off point for determining which investors will benefit from the corporate action.

Share Split Implications

The announcement of the record date represents a key milestone in MCX's share split process. Shareholders who hold MCX shares on or before January 2 will be entitled to receive additional shares as per the split ratio once the corporate action is implemented.

This corporate action typically aims to make shares more accessible to retail investors by reducing the per-share price while maintaining the proportional ownership and overall investment value for existing shareholders. The record date announcement provides clarity and allows shareholders to plan their investment decisions accordingly.