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NSE Colo Case: SAT Asks SEBI To Refund Rs72.58 Core to NSE, Way2wealth Brokers & GKN Securities

While dismissing several orders passed by the Securities and Exchange Board of India (SEBI) in the National Stock Exchange (NSE) colocation matter, the Securities Appellate Tribunal (SAT) has asked the regulator to refund Rs72.58 crore with interest deposited by NSE, Way2wealth Brokers Pvt Ltd and GKN Securities. SAT also dismissed SEBIs prohibitory orders against Chitra Ramkrishna, former managing director and chief executive officer (MD&CEO) of NSE, Ravi Varanasi, Nagendra Kumar and Devi Prasa...
Uttar Pradesh Anagendra Kumar Debashis Basu Chitra Ramkrishna Omprakash Gupta Ken Fong

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