New Delhi, July 31 -- The Securities and Exchange Board of India (Sebi) has agreed in-principle to the terms of settlement on applications by the IPO-bound National Stock Exchange of India (NSE) in the colocation (colo) and dark-fibre matters, clearing the long overhang of the legal and alleged governance issues.
According to the exchange's financial result documents, the market regulator in a letter dated July 30 has agreed in-principle to accept the terms of the settlement.
"Sebi vide email dated July 30, 2026 has in principle agreed to accept the terms of the settlement and has made a demand of Rs.714.74 crore, in addition to the deposit of Rs.776.47 crore made by NSE with Sebi, which will be adjusted towards the settlement amount of Rs.1,491.21 crore," notes the document.
Published by HT Digital Content Services with permission from Millennium Post.