What happened: NSE paid SEBI ₹714.74 crore to reach the revised settlement total
The National Stock Exchange of India (NSE) said it paid the Securities and Exchange Board of India (SEBI) ₹714.74 crore to settle long-pending cases involving co-location and dark fibre. NSE reported that it had received in-principle approval to settle the co-location and dark fibre cases for a total of ₹1,491.21 crore.
NSE stated that the latest payment of ₹714.74 crore, along with an earlier deposit of ₹776.47 crore, completes the full settlement amount agreed under revised settlement terms, totalling ₹1,491.21 crore.
Background and earlier position: long-pending NSE–SEBI cases tied to market infrastructure
SEBI and NSE have long-pending matters reported here as co-location and dark fibre cases. These case categories relate to market infrastructure and connectivity arrangements used for accessing exchange services.
NSE reported an earlier deposit of ₹776.47 crore as part of the same settlement process under revised settlement terms.