SEBI approves settlement amount of all pending cases against NSE at Rs 1, 491. 21 crore, clears key hurdle for IPO

SEBI approves settlement amount of all pending cases against NSE at Rs 1,491.21 crore, clears key hurdle for IPO ANI 31 Jul 2026, 22:01 GMT+10 Mumbai (Maharashtra) [India], July 31 (ANI): The Securities and Exchange Board of India (SEBI) has approved in principle the settlement of all pending regulatory proceedings against the National Stock Exchange (NSE) for a total settlement amount at Rs 1,491.21 crore, removing a major regulatory hurdle for the exchange's long-awaited initial public offering (IPO). According to an NSE disclosure, the market regulator has approved the settlement of all outstanding matters, including the co-location and dark fibre cases, subject to the exchange complying with the settlement terms. The exchange said SEBI has demanded a cash payment of Rs 714.74 crore in addition to adjusting Rs 776.47 crore already deposited by NSE towards the total settlement amount of Rs 1,491.21 crore. NSE said it has already made provisions for the entire settlement amount in its financial statements for the year ended March 31, 2026. However, the actual cash outflow towards the settlement will be Rs 714.74 crore. NSE filing says, 'The financial impact for the settlement amount of Rs 1,491.211 crore has already been provided for in the Financial year ended March 31, 2026. However, the cash outflow towards the settlement will be Rs. 714.74 crore. There is no other material adverse impact on the day-to-day operations of the Company.' The settlement covers long-pending regulatory proceedings related to the co-location case, which involved allegations that certain brokers received preferential access to the exchange's trading systems, and the separate dark fibre matter concerning alleged preferential network access for select trading firms. The exchange said that once SEBI issues the settlement order, the cases pending before the Supreme Court will be withdrawn. The development is expected to pave the way for NSE's proposed IPO, which has remained pending for several years due to unresolved regulatory issues. NSE IPO is expected to be one of the biggest IPO in recent years with wider interest from investors. (ANI) Share article: Shares Share Share Flip Watch latest videos Subscribe and Follow Get a daily dose of San Antonio Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well. News RELEASES Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Antonio Post. More Information Texas Section Baker Hughes warns of softer energy spending this year HOUSTON, Texas: Baker Hughes said on July 27 it expects global spending by oil and gas producers to decline modestly this year as weaker... Rising grocery bills reshape shopping habits across the U.S. NEW YORK CITY, New York: Americans are changing the way they shop for groceries as they grapple with the biggest increase in food prices... Waymo may end Uber robotaxi alliance, FT reports SAN FRANCISCO, California: Alphabet's self-driving unit Waymo is considering ending its partnership with Uber as tensions grow between... CBS puts Tony Romo on indefinite leave after arrest (Photo credit: Kirby Lee-Imagn Images) CBS Sports has placed No. 1 football analyst Tony Romo on indefinite leave following his arrest... Austin FC sign F Jorge Alastuey to first-team contract (Photo credit: Eakin Howard-Imagn Images) Austin FC signed Spanish midfielder Jorge Alastuey to a first-team contract on Friday.... Wizards F Jamir Watkins recovering from ACL surgery (Photo credit: Ken Blaze-Imagn Images) Second-year forward Jamir Watkins could miss the 2026-27 season for the Washington Wizards... International Section US, Saudis strike Iran's allies in Iraq as fighting resumes DUBAI/CAIRO: The United States carried out fresh airstrikes in the Middle East on July 29, its first since pausing a bombing campaign... Italy plans return to nuclear energy four decades after Chernobyl ROME, Italy: Nearly 40 years after the Chernobyl nuclear disaster spread radiation across Europe and led Italy to abandon nuclear power,... Oman suggests Middle East-backed plan of voluntary fees in waterway DUBAI, U.A.E.: Oman has put forward a new plan, supported by Middle East countries, to manage the Strait of Hormuz. The plan includes... Part of southern Japan rocked by magnitude 7.1 earthquake TOKYO, Japan: A strong earthquake measuring 7.1 hit Kumamoto in southern Japan on July 28. It caused widespread damage, cut power to... FIFA seeks backing for new $20 billion commercial venture ZURICH, Switzerland: FIFA is seeking support from its 211 member associations for a proposal to create a new commercial subsidiary... Mudslides force evacuations from World Heritage site in Jiuzhaigou HONG KONG: China moved tourists out of the famous Jiuzhaigou scenic area on July 27 after heavy rain caused mudslides, according to... Movie Review Toy Story 5