Multi Commodity Exchange Of India has informed that the Company has vide its intimation dated 30th September, 2022 disclosed to the Stock Exchange regarding extension of the services of the existing software vendor, 63 Moons Technologies (63 Moons) for the trading and clearing platform of the Company. With reference to the above and as per SEBI circular no. CIR/CFD/CMD/4/2015 dated 9th September, 2015, the company has further informed that: It is a commercial transaction entered between the parties, who are not related, and is in the normal course of business, hence it is not a related party transaction; Neither Company is related to the promoter/ promoter group/ group companies of the other Company, in any manner; The Company does not hold shares in 63 Moons; Pursuant to this transaction no issue of shares of the Company are envisaged; There is no potential conflict of interest and No nominee is proposed to be appointed on the Board of Directors of the Company. The said intimation will be made available on the website of the Company at www.mcxindia.com
The above information is a part of company’s filings submitted to BSE.
