NSE pays Rs 715 crore to settle pending Rs 1,491-crore co-location case ahead of IPO

NSE has paid the remaining Rs 714.74 crore to Sebi, completing the Rs 1,491.21-crore settlement of the long-pending colocation and dark fibre cases. The payment follows Sebi’s in-principle approval and clears a key hurdle as the exchange moves closer to its planned Rs 30,000-crore IPO.

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