Markets regulator Sebi on Wednesday announced the introduction of a settlement scheme for certain stock brokers, who traded on the National Spot Exchange Ltd (NSEL) platform. This long-awaited move is expected to bring major relief to traders whose funds have been stuck since the NSEL payment crisis in July 2013. In a press release after its board meeting, Sebi said the scheme is for those stock brokers against whom enforcement actions have been initiated by the regulator. By opting for the scheme, these brokers will have an opportunity to resolve pending proceedings and bring them to an expedited conclusion. The Sebi board also cleared significant reforms to boost investment activity through Alternative Investment Funds (AIFs). It approved a proposal to allow Category I and II AIFs to offer co-investment schemes under the AIF regulations. This will further facilitate AIFs and investors to co-invest and support capital formation in unlisted companies through AIFs. Under the newly

63 Moons Technologies Ltd. is trading below its 30 day SMA of 1025.2

63 Moons Technologies Ltd.

21 May 2025

913.30

-3.32%

NSEL Crisis: 92% of traders approve one-time settlement scheme

Economic Times

The NSEL payment crisis began in July 2013 when the exchange defaulted on 5,600 crore owed to around 13,000 investors. It had offered contracts that involved buying and selling commodities with fixed returns, but most trades were not backed by the actual commodity.

63 Moons Technologies Ltd. is trading below its 30 day SMA of 1025.2

NSEL One-Time Settlement Scheme Receives Traders' Approval

NDTV Profit | 20 May 2025 2 more

63 Moons Technologies Ltd.

07 Mar 2025

913.30

-3.32%

63 Moons hits 5% upper circuit on settling NSEL payments crisis case

Business Standard

In exchange, the investors will transfer their claims against defaulters and third parties to 63 Moons. The forum also revealed that the majority of investors approved the deal

Number of FII/FPI investors increased from 40 to 47 in Jun 2025 qtr.

63 Moons agrees to one-time settlement of Rs 1,950 crore in NSEL matter

Business Standard | 06 Mar 2025 2 more

63 Moons Technologies Ltd.

05 Feb 2025

913.30

-3.32%

ED files fresh chargesheet in NSEL money laundering probe, 19 firms named

Business Standard

The Enforcement Directorate Wednesday said it has filed a fresh chargesheet in the National Spot Exchange Limited (NSEL)-linked money laundering investigation. The prosecution complaint was filed on January 28 before a special Prevention of Money Laundering Act (PMLA) court in Mumbai against 19 broking entities and their directors for allegedly colluding with NSEL officials to "allure" investors to trade on this platform, the federal agency said in a statement. The court took cognisance of the chargesheet on February 3, it said. The agency earlier filed six chargesheets against 94 accused and attached assets worth Rs 3,288 crore as part of this probe. The probe found that broking companies, after getting registered with the NSEL, "misled" their clients by providing "false" assurances about the exchange and promoting "illegal" pairs trade contracts that were not allowed, the ED said. In "collusion with" broking companies, NSEL established a system that "bypassed" the collection of