BSE Tanks On Rs 165 Crore Estimated Payout To SEBI

The BSE says it is currently evaluating the validity of the claim as per SEBI communication.

The market regulator has instructed the stock exchange to calculate fees based  on annual turnover  considering notional  value for options  contracts, altering previous practices.

The Securities and Exchange Board of India (SEBI) has mandated that regulatory fees be calculated based on annual turnover, considering notional value for options contracts.

Previously, BSE calculated fees based on annual turnover, considering the premium value for option contracts.

BSE is now facing the prospect of paying nearly Rs 165 crore in regulatory fees and interest, as per SEBI's directive.

BSE is now facing the prospect of paying nearly Rs 165 crore in regulatory fees and interest, as per SEBI's directive.