Sebi issues Rs 3.12-crore demand notice to NSE's ex-boss Chitra Ramkrishna

Capital markets regulator Securities and Exchange Board of India (Sebi) on Tuesday sent a notice to NSE's former chief Chitra Ramkrishna asking her to pay Rs 3.12 crore in a case related to governance lapses at the stock exchange, and warned of arrest and attachment of assets and bank accounts if she fails to make the payment within 15 days.

The notice came after Ramkrishna failed to pay the fine imposed on her by Sebi.

In an order dated February 11, Sebi had slapped a penalty of Rs 3 crore on Ramkrishna for alleged governance lapses in a case related to the appointment of Anand Subramanian as the Group Operating Officer and Advisor when she was at the helm of NSE as its Managing Director and Chief Executive Officer, as well as for sharing confidential information of the company with an unidentified person.