The Hindu·2 min read·medium

NSE says SEBI agrees in principle on settlement offer over past lapses for ₹1,491.21 crore

R
Reuters
NSE says SEBI agrees in principle on settlement offer over past lapses for ₹1,491.21 crore
AI Summary

The National Stock Exchange (NSE) has received in-principle approval from the Securities and Exchange Board of India (SEBI) to settle past regulatory lapses for ₹1,491.21 crore. This settlement resolves a long-running case involving governance lapses and unequal access for trading members. The resolution removes a significant legal obstacle as NSE prepares for its initial public offering (IPO) later this year, expected to be one of India's mega IPOs.

The National Stock Exchange said ‌on Thursday (July 30, 2026) that the Securities ​and Exchange Board ⁠of India (SEBI) has granted in-principle approval to settle certain past regulatory ‌lapses, subject to the payment of ₹1,491.21 crore,

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