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NSE Colo Scam: SAT Quashes, Drastically Reduces Penalties Slapped by SEBI on 19 Entities, Including NSE s Top Executives

Terming the adjudication orders passed by the Securities and Exchange Board of India (SEBI) as arbitrary and violative of the principles of natural justice, the securities appellate tribunal (SAT) has quashed and drastically reduced penalties imposed against 19 entities.

SEBI Penalises NSE, Former Chief Chitra Ramkrishna, 16 Others In Dark Fibre Case

SEBI Penalises NSE, Former Chief Chitra Ramkrishna, 16 Others In Dark Fibre Case
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SEBI imposes Rs 7 cr penalty on NSE, Rs 5 cr on Chitra Ramakrishna in co-location case

Sebi imposes Rs 7-cr fine on NSE, Rs 5 cr each on Ramkrishna, Narain in dark fibre case - Jammu Kashmir Latest News | Tourism

New Delhi, June 29: Capital markets regulator Sebi has penalised total 18 entities, including National Stock Exchange (NSE) and its former chiefs Chitra Ramkrishna and Ravi Narain in the ‘dark fibre’ case. The regulator has imposed a penalty of Rs 7 crore on NSE and Rs 5 crore each on Ramkrishna and Narain. Besides, a fine of Rs 5 crore has been levied on Subramanian Anand. Further, Sebi has slapped a fine of Rs 6 crore on Way2Wealth Brokers, Rs […]

Dark Fibre Case: Sebi slaps Rs 7 crore fine on NSE, penalises Chitra Ramkrishna, 15 others | Companies News

Sebi has imposed a penalty totalling Rs 44 crore on 18 entities, including NSE, its business development officer Ravi Varanasi, former MD and CEO Chitra Ramkrishna and her adviser Subramanian Anand along with certain stock brokers in the dark fibre case. 

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