The Securities and Exchange Board of India had sent a supplementary notice to India's largest stock exchange by traded volume in December relating to appointment irregularities and code of conduct violations related to its chief strategy officer.
This supplementary notice was sent on December 16, and follows a show-cause notice sent on October 9, 2019. The details which also talk of actions by the former managing director (MD) and chief executive officer (CEO) are mentioned in the draft offer documents of Computer Age Management Services (CAMS) which is looking to sell shares through an initial public offer (IPO).
“NSE is