Dabur Is First Company To Be Listed On MCX-SX
Thursday, May 02, 2013
Mumbai, May 2, 2013: MCX-SX today commenced its listing services with three companies listing their securities on the Capital Market Segment of the Exchange — Dabur India Limited being the first company to come on board. With this, MCX-SX is now geared up to list shares of companies that are already listed on other exchanges and of those companies proposing to come out with initial public offerings.
MCX- SX has a simple listing fee structure, which is attractively priced in comparison with other exchanges. The Exchange offers benefits such as no processing fee and no initial listing fee, which makes MCX-SX the most attractive venue for listing of securities. The Exchange charges only annual listing fees based on a very simplified and reasonable structure, which is significantly less than the existing industry average. This will translate into reduced cost of issuance and continuous listing for the companies listing on MCX-SX.
Welcoming these companies on board, Mr. Joseph Massey MD & CEO, MCX-SX, said: “We remain committed to offer issuers and ecosystem intermediaries best of service standards, which will be way above the current benchmark. We would ensure continuous innovations for enhancing issuers’ experience.”
Mr. Mohit Burman, Director, Dabur India Ltd, said, “We are delighted to list Dabur India Limited on MCX-SX. We are sure that the new stock exchange, with its wide network, will reach out to every nook and corner of the country and help the company as well as country in broad basing the investor base. We wish the team MCX-SX all the very best in their effort to create a world class stock exchange and a preferred destination for the issuers and investors.”
The Capital Market and Futures and Options segments of MCX-SX were inaugurated by Shri. P Chidambaram, Hon’ble Union Finance Minister, in Mumbai on February 9, 2013. Shri. U K Sinha, Chairman, Securities and Exchange Board of India (SEBI) and Dr. Arvind Mayaram, Secretary — Dept. of Economic Affairs, Ministry of Finance, Govt. of India were guests of honour on the occasion.
For Details :
Mr. Byas Anand Corporate Communications Dabur India Limited PH:- 95120-3982000, 3001000 extn 2101/2547 Fax: 95120-4374935 Email:email@example.com