NSE allocates ₹1,300 crore for Sebi case settlements
pre-market1 source ↓written by the desknot a recommendation
- to resolve pending
- ₹1,300 crore
The National Stock Exchange has set aside ₹1,300 crore to resolve pending cases with the Securities and Exchange Board of India. This move aims to clear regulatory hurdles ahead of its long-awaited IPO, which has faced delays since 2016 due to ongoing investigations. A settlement could boost market confidence and facilitate the listing process.
Not investment advice. For informational purposes only.