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BSE to appeal Sebi on option fee reversal

Mint Mumbai

|

May 10, 2024

The BSE will be approaching the Securities and Exchange Board of India (Sebi), urging it to reconsider its decision on imposing regulatory fees on notional turnover of options.

- Ram Sahgal

BSE to appeal Sebi on option fee reversal

 

However, while the process is ongoing, the exchange has allocated 170 crore as a provision for the fee, until the capital market regulator decides on its appeal, Sundararaman Ramamurthy told shareholders during the Q4 post-result conference call on Wednesday.

"...we will be requesting and representing, and submitting and appealing to the regulator to reconsider this decision, and are very hopeful that we will be

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