Good question, lets see how this plays out. It will definitely impact results of Q1FY25, not sure if they will make provisions for this in Q4FY24.
BSE has issued a clarification on this matter. They say totally from FY 2006-07 to FY 23-24, they will need to pay ~Rs.165 Cr (including interest, 68.64 & 96.3 ) + GST that comes to ~Rs.195Cr. 195Cr is basically 1 yr profits based on previous years earnings, but since last 1 year profits have jumped up significantly, this is approx 2 quarters profts. STILL a BIG NEGATIVE impact.
Wonder how NSE has been paying this? Are they in similar boat or they have accounted as per SEBI?
BSE_28042024194539_NSEIntimatioSEBILetterimpactanalysis.pdf (nseindia.com)
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