SEBI Approves Rs 1,491 Cr Settlement in NSE Co-location Case
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Insights by Echo AI
The Securities and Exchange Board of India (SEBI) has agreed to terms of settlement in the NSE co-location and dark-fibre cases, with the National Stock Exchange (NSE) paying an additional Rs 714.74 crore after an earlier deposit of Rs 776.47 crore. This brings the total settlement amount to Rs 1,491.21 crore, clearing a key hurdle for NSE's planned Rs 30,000-crore IPO.
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