Multi Commodity Exchange of India Ltd. Company History and Annual Growth Details

We are a de-mutualised multi commodity association and were incorporated on
April 19, 2002 under the name Multi Commodity Exchange of India Private
Limited. The subscribers to the Memorandum of Association were V.Hariharan
and Rinsy Ansalam. Further allotments were made to La-Fin Financial Services
Private Limited, Sajit Dayanandan, Dewang Neralla, Ajay Narsimhan and Manjay
Shah on April 22, 2002. Subsequently, on May 16,2002, we were converted into
a public company and consequently our name was changed to Multi Commodity
Exchange of India Limited. We received a fresh certificate of incorporation
from the RoC pursuant to the change in our name on May 28, 2002. All the then
existing shareholders transferred their shares to FTIL, our Promoter, on
August 25, 2003. We received permanent recognition from the Government of
India for facilitating online trading,clearing and settlement operations for
commodity futures markets across the country on September 26, 2003. Online
futures trading commenced on MCX in November 2003. We received non-promoter
equity participation for the first time in the year 2004 when Bank of India,
Union Bank and Corporation Bank invested in the Equity Shares of our Company.
Since then, we have received equity participation from various banks and
financial institutions, including State Bank of India in July 2004, HDFC Bank
Limited in March 2005, the NSE in May 2005 and NABARD in June 2005. Fidelity
Funds-India Focus Funds (FID Funds (Mauritius) Limited) also invested in our
Company by subscribing to 3,600,000 Equity Shares of face value Rs. 10 each on
February 3, 2006. During Fiscal 2008, our Promoter, FTIL, sold 1,953,770 Equity
Shares of Rs. 10 each to each of Citigroup Strategic Holdings Mauritius Limited
and Merrill Lynch Holdings (Mauritius), 1,563,016 equity shares of face value
of Rs. 5 each to GLG Financial Funds, 2,344,524 equity shares of face value
Rs. 5 each to Passport India Investment (Mauritius) Limited, 2,476,190
equity shares of face value Rs. 5 each to ICICI Trusteeship Services Limited,
296,000 equity shares of face value Rs.5 each to ICICI Lombard General Insurance
Company Limited, 3,907,540 equity shares of face value Rs. 5 each to IL&FS
Trust Company Limited, 781,508 equity shares of face value Rs. 5 each to each
of New Vernon Private Equity Limited, Kotak Mahindra Trusteeship Services
Limited and Alexandra Mauritius Limited. In June 2008, FTIL sold
3,907,540 equity shares of face value Rs. 5 each to Euronext N.V.

Some of the key milestones of our Company are as follows: -

2002

Our Company was converted into a public limited company and our CompanyÂs name
was changed to Multi Commodity Exchange of India Limited

2003

Our Company received permanent recognition from the Ministry of Consumer Affairs,
Food and Public Distribution, Government of India

First day of trading for our Company

Online futures trading during evening session and through Internet trading
facilities was pioneered

2004

MoU entered into between FTIL and NAFED to create a national level agricultural
spot exchange.

2005

Launch of composite commodity futures index (MCX-COMDEX) by our Company

Commodity Suchana KendraÂ, a joint initiative between our Company, Maharashtra
State Agricultural Marketing Board (MSAMB?) and NSEAP to link up all Agriculture
Produce Market Committee (APMC?) markets, was launched at the Agriculture Produce
Market Committee, Navi Mumbai.

Our Company entered into a license agreement with London Metal Exchange (LME?)
for the use of the LMEÂs official prices as the basis for settlement of certain
futures contracts

Our Company entered into a MoU with the University of Mumbai for creating a chair
in its department of economics.

2006

Our Company signed a license agreement with NYMEX

Our Company teamed up with the Department of Posts, Government of India, to launch
Gramin Suvidha Kendra in Jalgaon, Maharashtra, for information dissemination and
query redressal on agricultural issues to farmers using the Indian postal network.

Our Company signed an agreement with Euronext.LIFFE

2007

Our Company obtained ISO/IEC 27001: 2005 certification

2008

Our Company was granted membership to the International Organisation of Securities
Commissions (IOSCO).

Launch of futures in CER (Certified Emission Reduction) by our Company

Launch of the Gujarati and Hindi version of website mcxindia.com by our Company

Our Company was awarded the ?Golden Peacock Eco-innovation award 2008? by the Institute
of Directors

Our Company was recognized as ?IndiaÂs First Green Exchange? by Priyadarshini Academy

Our Company received the ?Best Bullion Exchange of the Year? award from the Bombay Bullion
Association

2009

Our Company released IndiaÂs first Yearbook on Indian Commodity Ecosystem in
collaboration with PricewaterhouseCoopers

Our Company launched ?Exchange of Futures for Physicals? (EFP) transactions

Our Company received the ?Sankalp Award? for Agriculture and Rural Innovation.

2010

Our Company signed an MoU with Shanghai Futures Exchange

Our Company was recertified to ISO 9001:2008 Quality Management System standard
by Bureau Veritas Certification (India)

Our Company released Commodity Insights Yearbook 2010 in collaboration with PwC

Our Company entered into an MoU with Taiwan Futures Exchange (TAIFEX) to develop
commodity futures market in India

Our Company received the NASSCOM Foundation Social Innovation Honours 2010

Our Company received the FICCI Socio Economic Development Foundation (SEDF) Corporate
Social Responsibility Award 2009-10

Our Company received the Best Commodity Exchange of the Year award from the Bombay
Bullion Association

2011

Our Company recorded its highest daily turnover since inception of Rs. 1,116.66 billion

Our Company is the worldÂs fifth largest commodity futures exchange among all the
commodity exchanges considered in the Futures Industry Association survey in terms
of the number of futures contracts traded during the period January to June 2011

Our Company received the Financial Inclusion Award 2011 from the SKOCH Foundation

Our Company won the IndyÂs award under the category Best in Corporate Social Responsibility
practices.

Our Company was selected as a Business Superbrand for the year 2010 Â 2011

Our Company won Bombay Bullion AssociationÂs Best Commodity Exchange of the Year award.

2012

-MCX launches IPO to raise Rs 750 crore by month-end

-MCX shakes hands with New York Institute of Finance to offer certification courses in India

-MCX set to become full-fledged bourse as SEBI approves equity trading proposal.

2013

-Highest daily turnover of INR 1,19,941 crore achieved on April 15, 2013.

2014

-MCX entered into the Master Amendment to Principal Agreements (Agreement) with Financial Technologies (India) Limited (FTIL) to continue availing of technology support & managed services from FTIL on such terms & conditions as contained therein.

2015
-MCX Signs MoU to establish an international exchange with India's first International Financial Services Center (IFSC) at GIFT City
-MCX signs MoU with Chitkara University, Punjab
-MCX joins hands with Amity Business School, Noida
-MCX Launches Gold Global Futures Contract
-MCX inks MoU with Christ University

2016
-MCX - MCX and Mozambique Commodities Exchange sign MoU for strategic co-operation
-MCX wins the Best Bullion Exchange Award from ASSOCHAM
-MCX wins Best Exchange of the Year in Bullion Industry Award
-MCX wins Best Commodity Exchange Award
-MCX signs MoU with Mandsaur University (Madhya Pradesh)

2017

-Sunteck Realty Ltd. - Sunteck Realty wins two awards at Realty Plus excellence awards - 2017.

-Sunteck Realty jumps over 5% on biz expansion plan.

-MCX and Thomson Reuters Join Hands to launch co-branded Commodity Indices.

-MCX launches trading in Black Pepper Futures.

-MCX launches IndiaÂs first Commodity Options on futures today.

2018

-MCXCCL Becomes a Member of Asia-Pacific Central Securities Depository Group (ACG).

-MCX Expands Gold ContractsÂ Footprint in India.

-MCX partners with WIRC of ICAI for Strengthening Commodity Risk Management Practices.

-MCX signs MoU with Indian Cotton Federation (ICF).

-MCX Inks MoU with Indian Bullion and Jewellers Association (IBJA).

2019

-MCX Launches New Index Series on Commodity Futures.

-MCX Gold Petal contract witnesses successful delivery of 2000 one gram coins.

-MCX signs MoU with Zhengzhou Commodity Exchange.

-MCX Successfully Completes First Physical Delivery Cycle in Copper & Lead Futures Contracts.

-MCX Successfully Completes Its First Physical Delivery of Aluminium Futures Contract.

2020

-MCX launches futures trading in natural rubber.

-MCX launches futures trading on MCX METLDEX, IndiaÂs first real-time Base Metal Index.

-MCX BULLDEX futures clocks record monthly turnover of Rs. 6140 crore.

2021

-SEBI, MCX launch World Investor Week 2021.

-MCX launches futures trading on MCX ENRGDEX, IndiaÂs first real-time Energy Index.

-MCX signs MOU with European Energy Exchange for Electricity Derivatives.

-MCX to Conduct Workshop Series on Commodity Price Risk Management for Corporates.

-MCX empanels 2 Indian Refiners for good delivery of Gold.

2022
-MCX - Collaboration With Chittagong Stock Exchange (CSE), Bangladesh.

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