<ul><li>SEBI imposed a penalty of Rs 25 lakh on MCX for failing to disclose material information related to a software contract with 63 Moons Technologies Ltd.</li><li>MCX admitted the disclosure lapse as an inadvertent mistake, leading to the imposition of the monetary penalty by SEBI.</li><li>SEBI found a charge related to a misleading disclosure in a press release issued by MCX, but dropped the allegation after verifying the explanation provided by MCX.</li><li>Another charge was related to incorrect disclosures about the timeline for shifting to a new trading platform developed by Tata Consultancy Services, which SEBI deemed not to be a regulatory lapse.</li></ul>

SEBI Fines MCX Rs 25 Lakh For Disclosure Lapses On Trading Platform

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