NSE to pay ₹1,500 crore to SEBI in co-location case
Mumbai: The National Stock Exchange (NSE) is set to pay ₹1,491.21 crore to the capital market regulator, SEBI, to resolve the long-pending co-location cases. This marks the largest settlement in the history of the capital market. The NSE stated that it received notification from SEBI on July 30 regarding the acceptance of its revised offer to settle the cases. This development paves the way for the smooth completion of the NSE's Initial Public Offering (IPO).
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