Submission of Action Taken Report for Non-Compliance

This document is a circular issued by the National Commodity & Derivatives Exchange Limited regarding the submission of Action Taken Reports for non-compliances identified in internal audit reports. It outlines the requirement for Trading Members to address all non-compliances reported in the internal audit report within two months following the due date for submission. For the half year ending September 30, 2025, the deadline for submitting these reports is January 31, 2026. The circular details the process for submission via email and specifies that Action Taken Reports must be submitted by the members themselves, not solely by auditors. It also mentions potential penalties for failure to comply with the submission requirements, particularly for critical non-compliances. The document includes annexures that provide templates for the Action Taken Report and certification of compliance, ensuring that members adhere to relevant regulations and standards set by SEBI and the Exchange.