Clearing NSE IPO hurdles: National Stock Exchange offers Rs 1,388 crore to SEBI; aims to settle co-location and dark fibre cases
The origins of the co-location issue trace back to 2015, when a whistleblower informed Sebi about potential manipulation within NSE’s trading infrastructure. The National Stock Exchange (NSE) has submitted two applications to Sebi, proposing to settle the ongoing co-location and dark fibre cases with a combined payment of ₹1,388 crore, setting a record for the…
