MCX Subsidiary Transfers Funds to Core Settlement Guarantee Fund
Multi Commodity Exchange of India Limited (MCX) announced that its wholly-owned subsidiary, Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), transferred 50 Lakh to its Core Settlement Guarantee Fund on March 27, 2026. The transfer was made as a ‘Financial Disincentive’ related to a technical glitch that occurred on January 28, 2026.According to a filing, the action was taken in accordance with SEBI circular no. SEBI/HO/MRD1/DTCS/CIR/P/2021/590 dated July 05, 2021. The financial impact of the disincentive is limited to the amount transferred and does not affect the operations or other activities of MCX and MCXCCL.
The details related to this action are available on the company's website at www.mcxindia.com.
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Name of the Authority | Securities and Exchange Board of India |
| 2 | Nature and details of the action(s) taken, initiated or order(s) passed | MCXCCL transferred Rs. 50 Lakh to its Core Settlement Guarantee Fund, as 'Financial Disincentive' on March 27, 2026. |
| 4 | Details of the violation(s)/contravention(s) committed or alleged to be committed | The Financial Disincentive was paid by MCXCCL, on account of technical glitch which occurred on January 28, 2026. |
| 5 | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible | The financial impact is limited to the disincentive amount of 50 Lakh. |
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