Due to delay in implementation of the new technology platform, the Exchange had to extend the services of the existing vendor, initially for one quarter at the cost of Rs. 60 crores (October-December 2022) and thereafter, for two quarters at the cost of Rs. 81 crores for each quarter (beginning January 01, 2023 till June 30, 2023). Consequently, Q3 FY 2022-23 EBITDA has been impacted due to booking expenses of Rs. 60 crores (the January 2023 to June 2023 period extension costs would impact the coming two quarters).
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