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NSE pays Rs 715 crore to settle pending Rs 1,491-crore co-location case ahead of IPO
National Stock Exchange of India (NSE) on Friday said it has paid Rs 714.74 crore to Sebi after receiving the regulator's in-principle approval to settle the long-pending colocation and dark fibre cases for Rs 1,491.21 crore.The latest payment, together with the Rs 776.47 crore already deposited by the NSE, completes the Rs 1,491.21-crore settlement amount agreed under the revised settlement terms.The payment comes a day after the Securities and Exchange Board of India (Sebi) gave its in-princi…
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