NSE has paid ₹40.
35 crore to SEBI to settle a case on early data sharing.
SEBI found NSE shared key company updates with a vendor before public rel
ease.
The data was leaked via NSE’s subsidiary, NDML, violating norms.
This settlement helps clear legal issues before NSE’s awaited IP
O.
NSE still faces co-location and dark fiber cases from earlier prob
es.
It has proposed a ₹1,388 crore settlement for those pending matters.
SEBI is currently reviewing those bigger applications.
The ₹40 crore move is seen as a goodwill step by the exchange.
Experts believe this could improve investor trust in NSE.
NSE is India’s largest stock exchange and aims to go publ
ic soon.