With the settlement amount now paid, NSE has addressed one of the key issues pending ahead of its proposed public listing.
NSE completes payment to SEBI for settlement, next move is withdrawal of case from SC
NSE paid Rs 714.74 crore to SEBI for co-location cases.
Total settlement for cases is Rs 1,491.21 crore.
Settlement removes IPO regulatory overhang for NSE.
Brajesh Kumar is Associate Editor at Moneycontrol with over two decades of experience in financial journalism. He primarily covers capital markets, with a strong focus on SEBI and regulatory developments. Interest in tax, healthcare, and pharmaceutical-related issues. Previously, he has worked with Zee Business, CNBC Awaaz, and News18 India. X( (Twitter): @BrajeshKMji Email: Brajesh.kumar@NW18.com