Home/article/Sebi Fines NSE, Ramkrishna, Narain Others in Key Appointment Case

Sebi Fines NSE, Ramkrishna, Narain Others in Key Appointment Case

Written by: Diksha Kalra

Published: Sep 16, 2026

Updated: Sep 16, 2026

1 min read

New Delhi, Feb 11 (PTI) Sebi on Friday penalised the NSE and its former MDs and CEOs, Chitra Ramkrishna and Ravi Narain, and others for violating securities contract rules in a case related to the appointment of Anand Subramanian as group operating officer and advisor to MD

Also, Sebi has directed the NSE to forfeit the excess leave encashment of Rs 1.54 crore and the deferred bonus of Rs 2.8 Cr, of Ramkrishna, which was retained by the exchange and deposit the same to its Investor Protection Fund Trust within six days.

Stay Connected, Stay Informed –

Join Our

Channel!

Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.