Sebi fines MCX Rs 25 Lakh for disclosure lapses

Sebi has levied a ₹25 lakh penalty on Multi Commodity Exchange of India (MCX) due to insufficient disclosures concerning payments made to 63 Moons Technologies for software services. The regulator found lapses in disclosing payments related to the trading software contract. MCX is required to pay the fine within 45 days, as per Sebi's order.