INX notified regarding the Fund Balance Confirmation as on December 31, 2024

Jan 02, 2025 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe India International Exchange (INX) on December 31, 2024, issued the notification regarding the Fund Balance Confirmation as on December 31, 2024.

The following has been stated namely: -

• Members of the Exchange are requested to confirm their fund balance as on December 31, 2024, on or before January 09, 2025

• Members are requested to note that fund balance confirmation should be updated on IIEFS portal only. 

• Fund balance hereby means balance of interest free deposit and balance of base minimum capital other than FDR and Bank Guarantee. 

• For more details, kindly refer the user manual attached as Annexure 1.

[Notification No. 20241231-1]


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