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Three NSE officials banned by Sebi rejoin office after SAT relief

The three are Ravi Varansi, head of business development; Nagendra Kumar SRVS, head of membership department; and Deviprasad Singh, head of co-location support

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Press Trust of India Mumbai
Three senior officials of the NSE resumed work at the same position Tuesday, after being getting an interim relief from the Securities Appellate Tribunal (SAT) after being barred by the regulator Sebi in the co-location case last week.

The Sebi had barred the three NSE officials from holding any office in any stock exchange for colluding with brokerages which were found guilty of gaining an unfair advantage over others by placing their servers in close proximity the main servers of the exchange.

"The three have resumed work in the same positions as they were holding earlier," a source in the know of

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