Under the proposed split, each Rs 10 share becomes five Rs 2 shares; 10 shares become 50, value unchanged, eligible only to shareholders on the record date
Mumbai
The Multi Commodity Exchange of India has announced January 2, 2026 as the record date for its first ever stock split, a move that slightly lifted investor sentiment on Thursday. The exchange informed markets that the split will be carried out in a 1:5 ratio, marking an important corporate action in its history.
Following the announcement, MCX shares traded marginally higher during morning trade. At around 11.05 am, the stock was quoted at Rs 10,071, up by Rs 46 or 0.46 percent. Market participants reacted calmly, viewing the decision as a long term step rather than a short term trigger.
Under the proposed split, each equity share with a face value of Rs 10 will be divided into five shares of Rs 2 each. This means an investor holding 10 shares before the split will own 50 shares after it, while the overall value of the holding remains unchanged. Only shareholders whose names appear on the company’s records on the record date will be eligible.
The stock split will increase the total number of outstanding shares without altering market capitalisation. This generally makes shares more affordable and can improve trading liquidity over time.
MCX stock has shown strong momentum in recent months. The scrip has gained over 4.5 percent in one month, more than 27 percent in six months, and nearly 60 percent so far this year. The company’s market value stands above Rs 50,895 crore.
During the first half of FY26, MCX reported strong financial performance, with higher profits and revenues reflecting steady growth across its core commodities trading business in the domestic market period.
