The Bombay Stock Exchange (BSE) stock tumbled a record 19% after SEBI imposed a hefty regulatory fee. A massive single-day drop since 2017.
BSE is directed by SEBI to settle past regulatory fees with 15% interest per annum for delays. A potential game changer for market operations.
BSE must pay the newly assessed fees within a month, adding pressure to its financial planning.
With a historical 400% rise last year, BSE faces a tough road ahead amid regulatory challenges.