Indian Commodity Exchange Limited is deemed recognized Stock exchange under the
SCRA,1956 in terms of Section 131(B) of Finance Act, 2015 pursuant to the central
Government notification dated August 28,2015 providing a nation-wide on-line trading
platform in commodity derivative. It has put in place grading and vaulting facilities
in order to facilitate deliveries. This exchange is ideally positioned to leverage
the huge potential of commodities’ market and encourage participation of actual
users to benefit from the opportunities of hedging, risk management and supply chain
management in the commodities markets.
The Exchange is a public-private partnership with Reliance Exchangenext Ltd.(Reliance
Capital), MMTC Ltd., Indiabulls Housing Finance Ltd., Indian Potash Ltd., KRIBHCO
and IDFC Bank as major shareholders.