SEBI panel asks NSE to pay ₹1,800 crore to settle cases: report Business News & Hub

As India’s ‌largest bourse, the NSE is also the country’s largest unlisted ​company, with 1,90,000 investors. File
| Photo Credit: Reuters

An external panel set up by India’s market regulator SEBI has ​recommended that the National Stock Exchange of India settle ‌pending legal disputes by paying a little over ₹1,800 crore ($192.5 million), two sources ⁠with direct knowledge of the matter said.

The recommendation brings the world’s largest derivatives exchange closer to resolving its ‌long-running dispute with the . Allegations of governance lapses and ‌that it failed to provide equitable ‌access to ⁠all trading members have delayed NSE’s initial ⁠public offering for nearly 10 years.


Source: https://www.thehindu.com/business/sebi-panel-asks-nse-to-pay-1800-crore-to-settle-cases-report/article70890024.ece