MCX-SX Circular on - Submission of Half Yearly Networth Certificate as on September 30, 2025

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Date of Issue: 17-10-2025  
           
Issuer: MCX-SX

Submission of Half Yearly Networth Certificate as on September 30, 2025

Highlights of MCX-SX Circular dated October-17-2025

In terms of the provisions of Rules, Bye-Laws, Regulations of the Metropolitan Stock Exchange of India Ltd. (MSE) and as per SEBI circular SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 dated September 26, 2016, and as per the continuing membership norms of the Exchange, all Members are required to submit Net worth details on a half yearly basis.

Accordingly, Members are advised to submit their Net worth Certificate and Computation of net worth as on September 30, 2025 strictly in the prescribed format to MSE on or before November 30, 2025.

Details of the documents to be submitted are mentioned in attached circular.

➢ Computation of Networth should be strictly as per prescribed format.

➢ Following additional details are required to be provided along with the Networth certificate for those members whose:

• Reported Networth is less than the minimum required Networth: Members are required to submit a write up mentioning as to how they plan to raise their Networth.
  
  
• Reported Networth has a variation of 25% or more (Reduction) as compared to the last reported net worth: Members are required to provide an explanation regarding the same. 

➢ All Members are required to submit half yearly Networth certificate as per timelines mentioned above. In case of any shortfall in Networth as on September 30, 2025, Members should submit a revised Networth certificate as on a subsequent date meeting the minimum required Networth along with the original Networth certificate as on September 30, 2025, before the due date.

➢ In case of non-submission of Networth certificate within the due date or in case of any shortfall, non submission of a revised Networth certificate along with the original Networth certificate as on September 30, 2025, disciplinary actions shall be initiated by the Exchange as stipulated in circular Ref no. MSE/INSP/17961/2025 dated October 10, 2025.

Members are advised to take note of the above and ensure compliance. 

In case of any clarification or assistance required in the implementation of this circular, you may contact : Kaushik Jethwa at kau...@secmark.in and 9870210171.