MCX's wholly owned subsidiary MCXCCL received a ₹9,97,13,980 income tax demand notice dated March 28, 2026 for AY 2024-25.
The demand arises from disallowance of MCXCCL's contribution to its Core Settlement Guarantee Fund by the Assessment Unit.
MCXCCL is filing an appeal against the order; no operational impact on MCX or its subsidiary is reported.