
Legal30 March 2026 at 05:51 pm
MCX Subsidiary Transfers Rs. 50 Lakh as 'Financial Disincentive' on SEBI Directions
AI Summary
Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), a subsidiary of Multi Commodity Exchange of India Ltd., has transferred Rs. 50 Lakh to its Core Settlement Guarantee Fund as a 'Financial Disincentive' in accordance with SEBI Circular no. SEBI/HO/MRD1/DTCS/CIR/P/2021/590 dated July 05, 2021. The transfer was made on March 27, 2026, following a technical glitch on January 28, 2026. There is no impact on the operations or other activities of the MCX and MCXCCL arising out of the Financial Disincentive. The financial impact to the extent of disincentive is mentioned above.
Key Highlights
- MCXCCL transferred Rs. 50 Lakh to its Core Settlement Guarantee Fund as 'Financial Disincentive'
- Transfer was made in accordance with SEBI Circular no. SEBI/HO/MRD1/DTCS/CIR/P/2021/590 dated July 05, 2021
- Transfer was due to a technical glitch on January 28, 2026
- No impact on operations or other activities of the MCX and MCXCCL
- Financial Disincentive amounted to Rs. 50 Lakh