September 20, 2024

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NSE co-location rip-off: Court docket extends Anand Subramanian’s remand in CBI custody until March 9

Via Specific Information Carrier

NEW DELHI: The Particular Court docket, CBI Instances, at New Delhi prolonged the custodial remand of former crew working officer (GOO) of the Nationwide Inventory Alternate Anand Subramanian until March 9 at the request of the CBI on Monday.

The period of Subramanian’s first custodial remand expired on Sunday and then he used to be produced prior to the involved court docket with a request to increase his custodial remand additional in reference to the multi-crore rip-off associated with the Nationwide Stick Alternate as co-accused.

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He used to be arrested by way of the CBI from a location in Chennai on February 24 nighttime after being wondered by way of the company officers for a few days. He used to be despatched to CBI custody until March 6. Now, he’ll proceed underneath CBI remand until March 9 at the order of the Particular Court docket, CBI circumstances. SEBI has additionally slapped a superb of Rs 3 crore on him.

As in keeping with to be had knowledge, Subramanian used to be appointed because the Leader Strategic Guide of the NSE and endured on this submit from 2013 to 2015. Thereafter, he used to be promoted to the submit of Team Running Officer and marketing consultant to the then leader government officer Chitra Ramakrishna and endured until 2016.