On August 20, 2009, a share purchase agreement was executed between Multi-Commodity Exchange India Limited (MCX), MCX Stock Exchange Limited (MCX-SX), and IL&FS, where IL&FS agreed to purchase 442 lakh equity shares of MCX-SX from MCX. La-Fin, as a group company of MCX, issued a Letter of Undertaking to IL&FS on August 20, 2009, stating that it would offer to purchase the shares of MCX-SX from IL&FS after one year but before three years from the date of investment. This three-year period expired in August 2012. On August 3, 2012, IL&FS exercised its option to sell its entire holding of shares in MCX-SX and called upon La-Fin to purchase them. On August 16, 2012, La-Fin replied that it was under no legal or contractual obligation to buy the shares.

On August 20, 2009, a share purchase agreement was executed between Multi-Commodity Exchange India Limited (MCX), MCX Stock Exchange Limited (MCX-SX), and IL&FS, where IL&FS agreed to purchase 442 lakh equity shares of MCX-SX from MCX. La-Fin, as a group company of MCX, issued a Letter of Undertaking to IL&FS on August 20, 2009, stating that it would offer to purchase the shares of MCX-SX from IL&FS after one year but before three years from the date of investment. This three-year period expired in August 2012. On August 3, 2012, IL&FS exercised its option to sell its entire holding of shares in MCX-SX and called upon La-Fin to purchase them. On August 16, 2012, La-Fin replied that it was under no legal or contractual obligation to buy the shares.