News > SEBI imposes Rs 12 lakh fine on NSE Data & Analytics for regulatory violations

SEBI imposes Rs 12 lakh fine on NSE Data & Analytics for regulatory violations

SEBI found that the company failed to comply with SEBI's guidelines on disaster recovery and business continuity plans. There were significant delays in sending acknowledgement letters to investors, with 61 instances ranging from 13 to 178 days of delay. SEBI found gaps in the company’s cyber security framework and system audits, including unaddressed vulnerabilities and a failure to properly reflect these in audit reports.