MCX Sets January 2 As Record Date To Identify Shareholders Eligible For Upcoming Share Split

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.

Parameter	Details
Record Date	January 2
Purpose	Share Split Eligibility
Company	Multi Commodity Exchange of India

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.37%	+1.63%	+3.37%	+26.49%	+48.51%	+485.13%

MCX has received an unfavorable appeal order from the Goods and Services Tax (GST) Department on December 11, 2025, regarding a disputed input tax credit claim. The Commissioner (Appeal) has rejected the company's appeal and upheld the original order passed by the Joint Commissioner, CGST & Cx, Mumbai East Commissionerate.

GST Appeal Details

The appeal order pertains to the alleged wrongful availment of Input Tax Credit (ITC) by the company. The GST Department has disallowed the ITC claim and imposed significant financial penalties on the exchange operator.

Parameter	Details
ITC Amount Disallowed	₹3,10,51,914.00
Period Covered	FY 2018-19 to FY 2021-22
Penalty Imposed	Equivalent to disallowed amount
Additional Charges	Interest at appropriate rate
Appeal Order Date	December 11, 2025

Regulatory Compliance

MCX has filed this disclosure under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that this appeal order is in continuation of an earlier intimation made to BSE on January 27, 2025, through letter reference number MCX/SEC/2474.

Financial Impact Assessment

The company has assessed the financial implications of the GST Department's order and provided clarity on its operational impact.

Impact Category	Assessment
Financial Impact	Limited to ITC disallowance and penalty
Operational Activities	No material impact
Other Business Activities	No material impact
Total Financial Exposure	₹3,10,51,914.00 plus penalty and interest

Company Response

MCX has indicated that it is currently in the process of responding to the appeal order received from the GST Department. The company has maintained transparency by promptly disclosing the development to the stock exchanges as required under regulatory guidelines.

The exchange operator has emphasized that despite the adverse order, there is no material impact on the company's financial, operational, or other activities. The financial impact is specifically limited to the extent of the GST Department's disallowance of the ITC claim and the associated penalties and interest charges.