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SEBI Fines Rs 11 Crore On NSE, 7 Others In Algo Trade Software Case


Also, the regulator slapped a penalty of Rs 3 crore on Ajay Shah, who was on the board of NSE’s subsidiary NSSCL, Rs 2 crore on Infotech Financial Services Ltd., a company which was in the business of developing algorithmic software and selling it to market participants.





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