The Securities and Exchange Board of India has imposed a penalty of 7 crore on the National Stock Exchange (NSE) and 5 crore on Chitra Ramkrishna (former CEO of the exchange) in the dark fibre case.
The market regulator has also penalized Anand Subramanian (former group operating officer) and Ravi Varanasi (current CBD officer), 5 crore each. Sampark Infotainment, Way2Wealth Brokers and GKN Securities have been fined 3 crore, 6 crore and 5 crore, respectively.