NSE says SEBI agrees in principle on settlement offer over past lapses for ₹1,491.21 crore
The National Stock Exchange (NSE) has announced that the Securities and Exchange Board of India (SEBI) has agreed in principle to a settlement offer regarding past lapses worth ₹1,491.21 crore. This agreement removes a significant legal concern for the NSE as it prepares to go public with an initial public offering (IPO) later this year. The settlement is a positive development for the NSE, as it can now focus on its IPO without the burden of a major legal issue.
Read the source report: The Hindu
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