sat on sebi penalty: SAT quashes Sebi penalty against NSE in

sat on sebi penalty: SAT quashes Sebi penalty against NSE in dark-fibre case

The tribunal has set aside the total penalty of Rs 7 crore imposed by Sebi on NSE and has reduced the penalty on Ramkrishna from Rs 5 crore to Rs 25 lakh. Sebi had initiated investigation after it received complaints which alleged irregularities with respect to certain brokers availing point to point dark fibre connectivity from Sampark Infotainment.

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