SEBI rejects MCX-SXs application JJ Bhatt and JSA represent MCX

SEBI rejects MCX-SXs application JJ Bhatt and JSA represent MCX

The Securities and Exchange Board of India yesterday rejected an application by MCX Stock Exchange to offer trading in segments like equities and equity derivatives, citing failure to comply with shareholding norms and illegal buyback agreements by promoters, among several other issues.

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