Securities and Exchange Board of India

Securities and Exchange Board of India, having considered the application for grant of renewal of recognition under Regulation 12 of the Securities Contracts

Issue Date: 14 July 2025 Published: 15 July 2025

Gazette ID: CG-MH-E-15072025-264684 Download PDF

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Core Purpose

The Securities and Exchange Board of India grants renewal of recognition to Multi Commodity Exchange Clearing Corporation Limited for three years, commencing July 31, 2025, under section 4 read with sub-section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956.

Detailed Summary

The Securities and Exchange Board of India (SEBI), through notification F. No. SEBI/LAD-NRO/GN/2025/250 dated July 14, 2025, granted a renewal of recognition to Multi Commodity Exchange Clearing Corporation Limited, located at Exchange Square, Suren Road, Andheri (East), Mumbai, Maharashtra – 400 093. This renewal was considered under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, and exercised under the powers conferred by section 4 read with sub-section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956. The recognition is for a period of three years, commencing on July 31, 2025, and concluding on July 30, 2028. The grant is subject to the condition that the Clearing Corporation shall comply with conditions specified by SEBI from time to time. The decision was made in the interest of trade, the securities market, and the public interest, and was signed by ANANTH NARAYAN G, Whole Time Member.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-MH-E-15072025-264684 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 509] NEW DELHI, MONDAY, JULY 14, 2025/ASHADHA 23, 1947 4703 GI/2025 THE GAZETTE OF INDIA: EXTRAORDINARY [PART III—SEC.4] SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 14th July, 2025 F. No. SEBI/LAD-NRO/GN/2025/250.—Securities and Exchange Board of India, having considered the application for grant of renewal of recognition under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, by Multi Commodity Exchange Clearing Corporation Limited, Exchange Square, Suren Road, Andheri (East), Mumbai, Maharashtra – 400 093 and being satisfied that it would be in the interest of the trade, in the interest of securities market and also in the public interest so to do, hereby grants, in exercise of the powers conferred by section 4 read with sub-section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956, renewal of recognition to the said clearing corporation for three years commencing on the 31st day of July, 2025 and ending on the 30th day of July, 2028, subject to the condition stated herein below or as may be prescribed or imposed hereafter: • The Clearing Corporation shall comply with the conditions specified by the Securities and Exchange Board of India from time to time. ANANTH NARAYAN G, Whole Time Member [ADVT.-III/4/Exty./242/2025-26] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR SRIVASTAVA Date: 2025.07.15 21

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