SEBI slaps Rs 50 lakh fine on NSE for change in compensation policy without regulator's nod >> Watch Video

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SEBI slaps Rs 50 lakh fine on NSE for change in compensation policy without regulator's nod

Aug 26, 2020 at 08:22

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SEBI slaps Rs 50 lakh fine on NSE for change in compensation policy without regulator's nod

The change in the policy resulted in encashment of accumulated ordinary leaves for NSE's former managing directors and chief executive officers -- Ravi Narain and Chitra Ramkrishna -- above the limit of 360 days granted by the exchange without taking Sebi's prior nod, an order said.

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