NSE Sets Aside ₹12.97 Billion for Regulatory Matters, Awaits SEBI Response

Regulatory Provisions and Market Leadership

India’s largest stock exchange, the National Stock Exchange (NSE), has taken a significant step toward resolving long-standing regulatory issues. In its Q2 FY26 financial disclosures, NSE recognized a one-time provision of ₹12.97 billion related to settlement applications filed with the Securities and Exchange Board of India (SEBI), particularly concerning the co-location and dark fibre cases.

The exchange is currently awaiting SEBI’s response on these applications. Despite the provision impacting quarterly profits, NSE’s underlying business remains robust, with strong revenue and operational metrics.

Major takeaways:

• NSE has set aside ₹12.97 billion for pending regulatory settlements  
• The exchange is awaiting SEBI’s decision on its settlement applications  
• NSE contributed ₹283.08 billion to the national exchequer in H1 FY26  
• Excluding the provision, Q2 profit showed a 16 percent sequential growth  
• NSE retains its global leadership in derivatives trading by volume  

Sources: Moneycontrol, Business Today, ScanX News, Business Standard.