Right now it is 5% (Excluding warrants ) .
From annual report of MCX-SX ,both FT and MCX have option to sell warrants with in 3 years .Where as they have 18 months to bring combined holding to 5%.
Link : http://www.mcx-sx.com/About-Us/Pages/Financials.aspx
"The Authorised Share Capital of the Company is
2,500,000,000/- divided into 2,500,000,000 equity shares of1/- each. The Paid up Capital of the Company is
544,557,900/- divided into 54,45,57,900 equity shares of1/- each.
A total of 1,196,630,000 transferable warrants issued under the scheme of reduction cum arrangement which was sanctioned by the Hon'ble High Court of Bombay are presently held by two shareholders. The said warrants are to be disposed-off within a period of 3 years from the date of notification of SECC Regulations i.e. June 20, 2012.
The promoters i.e. Multi Commodity Exchange of India Limited (âMCXâ) and Financial
Technologies (India) Limited (âFTILâ) have to bring down their shareholding in the Exchange to 5% limit within 18 months from July 10, 2012."