Sebi fines NSE Rs 6-cr for acquiring stakes in CAMS, PXIL, 4 others without approval

SEBI fines NSE Rs. 6 cr. for buying stakes sans nod Markets regulator SEBI imposed Rs. 60000000 penalty on NSE for picking up stakes in six entities, including CAMS and Power Exchange India Limited (PXIL), without obtaining the regulator’s approval. Apart from CAMS and PXIL, the NSE had also acquired stakes in NSEIT Limited , NSDL E-Governance Infrastructure Limited , Market Simplified India Limited and Receivables Exchange of India Limited PTI