IIFL Capital Services Limited (formerly IIFL Securities Limited) has been levied a monetary penalty of ₹2,10,200 by the Multi Commodity Exchange of India Limited (MCX). This action is in connection with alleged Abnormal / Non-genuine trades, as per Exchange Circular No. MCX/S&I/324/2018 dated August 20, 2018. The direction imposing the penalty was received by the company on March 02, 2026, stemming from a direction dated February 28, 2026. MCX construed certain client transactions as Abnormal / Non-genuine trades, alleged to be in violation of the specified Exchange Circular. The penalty will be recovered from the concerned clients. IIFL Capital Services Limited stated that apart from this monetary penalty, there is no material impact on the financial, operational, or other activities of the Company.
