Co-location, dark fibre cases: SEBI agrees to IPO-bound NSE's Rs 1,491 crore settlement
NSE has completed a Rs 1,491.21 crore settlement with SEBI regarding co-location and dark fibre cases ahead of its upcoming IPO.Summary
The National Stock Exchange of India (NSE) has completed a total settlement of Rs 1,491.21 crore with the Securities and Exchange Board of India (SEBI) to resolve long-standing co-location and dark fibre cases. This final payment of Rs 714.74 crore, combined with a previous deposit of Rs 776.47 crore, fulfills the revised settlement terms approved by SEBI.
The settlement follows a series of revisions to the proposed amount, which was initially filed at Rs 1,387.39 crore in June 2025 before being increased to the current figure in March 2026. The NSE board approved the final payment following SEBI's in-principle agreement to the revised terms.
This development occurs as the NSE prepares for a massive initial public offering (IPO). The proposed IPO, estimated at approximately Rs 30,000 crore, is expected to be the largest in Indian capital market history, potentially surpassing the record set by Hyundai Motor India's IPO.
(Source：Et Now)