IIFL Capital Services fined ₹2.05 Lakhs by MCX

IIFL Capital Services Ltd has been levied a monetary penalty of ₹2,05,000 by the Multi Commodity Exchange of India Ltd. (MCX). The penalty is in connection with alleged Abnormal / Non-genuine trades, as per Exchange Circular No. MCX/S&I/324/2018. The company received the direction on October 5, 2026. IIFL Capital Services stated that the penalty will be recovered from the concerned clients and that there is no material impact on the company's financial, operational, or other activities beyond the penalty amount.