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NSE in firefighting mode to minimise reputational harm after Sebi's order

Reaches out to stakeholders; more meetings planned

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The matter dates back to the period between 2013 and 2016

5 min read Last Updated : Feb 21 2022 | 6:05 AM IST

The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India’s (Sebi’s) order against its former managing director and chief executive officer Chitra Ramkrishna and others.

According to sources, the exchange’s management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don’t get impacted, they

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