NCDEX Circular on Ease of Doing Compliance - Submission of Action Taken Report for non - compliance(s) reported in the Internal Audit Report

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Date of Issue: 09-06-2026

Issuer: BSE

Highlights of  the Circular :

This is with reference to Exchange Circular Ref. No. NCDEX/COMPLIANCE-067/2025 dated December 3, 2025, on “Ease of Doing Compliance- Submission of Action Taken Report for noncompliance(s) reported in the Internal Audit Report”.

As per the said Circular, Trading Members are required to close all the non-compliances reported in the internal audit report within 2 months from the end of due date of submission of Internal Audit Report i.e., for the half year ended March 31, 2026, the due date for submission of Action Taken Report is July 31, 2026. Action Taken Report shall be certified by the empanelled Internal Auditor of the Trading Member, confirming the status of compliance and shall cover at least a period of one month for sample verification.

In this regard, Action Taken Reports shall be submitted through email to iar_sub...@ncdex.com as per Annexure I & II. Additionally, the online portal for submission of Action taken reports is now live and can be accessed by Members and Auditors from the link below. : Portal Link: https://noss.ncdex.com .

Further, the functionality for submission of ATR through above said portal is available to only those members, who have submitted Internal Audit Report for the half year ended March 2026 in the portal.

For ease of understanding, a detailed user manual has been provided as ‘User Manual for submission of Action Taken Reports’, available for download in the ‘Downloads’ section of our website. (https://ncdex.com/quick_links/download).

Members are further advised to note that prescribed monetary penalty/disciplinary actions shall be initiated in accordance with Exchange Circular Ref.No. NCDEX MEMBER INSPECTION009/2026 dated April 17, 2026, in case the observations are not closed in the Action Taken Report or Action Taken Report is not submitted within the due date.

Further in cases where critical non-compliances viz; shortall of client funds/securities/commodities/ networth/incorrect reporting of networth to the Exchange resulting in shortfall and offering fixed/assured/periodic returns to clients / mobilizing deposits from investors are reported in the internal audit report, immediate action shall be taken in accordance with Exchange Circular Ref. No. NCDEX MEMBER INSPECTION-009/2026 dated April 17, 2026 without waiting for submission of Action Taken Report.

Members are requested to note that submission of Action Taken Report shall be considered complete only after Member submits the action taken report to the Exchange on iar_sub...@ncdex.com. Action Taken Report submitted only by Auditor shall not be considered as final submission to Exchange.

Please find enclosed the following Annexures applicable for the submission of Action Taken Report for the half year ended March 31, 2026:

 Annexure I - Certificate On Action Taken Report for Non-Compliances Reported in Internal Audit (PDF format with Digital signature & UDIN)

 Annexure II - Action Taken Report (PDF format with Digital signature & UDIN)

All Members are advised to take note of the above and bring the provisions of this Circular to the notice of their respective internal auditors and ensure compliance with the above requirement.