360 ONE WAM LIMITED reports that its wholly-owned subsidiary, 360 ONE Distribution Services Limited (360 ONE DSL), received a communication from Multi Commodity Exchange Clearing Corporation Limited (MCXCCL).
MCXCCL has levied a penalty of ₹25 lakh on 360 ONE DSL.
The penalty is for alleged false reporting of excess collateral during the period October 2022 to September 2023.
The communication regarding the penalty was dated June 20, 2025, and received by the company on June 23, 2025.
360 ONE DSL will appeal against the penalty before the appropriate authority.
The company states that there is no material impact on its financials or operations due to the levy of the penalty.