
NSE paid ₹714.74 crore to SEBI on Friday, matching its ₹1,491.21 crore settlement after the regulator accepted revised terms.
The National Stock Exchange of India has paid ₹714.74 crore to the market regulator under a proposed settlement, matching the total amount it previously disclosed.
NSE made the payment to the Securities and Exchange Board of India after the regulator accepted revised settlement terms in principle, the exchange said in a filing Friday. The exchange had flagged the development in a July 30 intimation.
The payment adds to a ₹776.47 crore deposit NSE had already made with SEBI. The two amounts total ₹1,491.21 crore, the settlement figure NSE proposed under the revised terms.
"The Company has made a payment of the demand of ₹714.74 crore," NSE said in the filing.
The exchange said the earlier deposit and the payment against the July 30 demand notice would be adjusted against the total settlement amount.
NSE operates India's largest stock exchange by trading volume. The settlement addresses regulatory matters with SEBI, the exchange said, without detailing the specific violations the payment covers. The July 30 filing had disclosed SEBI's in-principle acceptance of the revised terms.
The exchange made the disclosure under Regulation 30 of SEBI's listing rules, referring to the regulator's January 30 Master Circular on disclosure requirements.
The settlement amount was first disclosed in July. Friday's filing confirms the second payment has been made and clarifies how the earlier deposit would be applied.
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