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The National Stock Exchange of India Ltd. is awaiting approval from the Securities and Exchange Board of India (SEBI) to proceed with its long-delayed initial public offering, according to CEO Ashish Kumar Chauhan. The exchange can only prepare its application after receiving a no-objection certificate from SEBI, which initially halted the listing due to concerns over unfair access granted to high-speed traders. Following the resolution of these issues, the NSE has been cleared of allegations related to market access collusion.
India's largest stock exchange, the National Stock Exchange of India Ltd., is awaiting approval from the Securities and Exchange Board of India to move forward with its long-delayed initial public offering, which has been pending since its initial filing in 2016. CEO Ashish Kumar Chauhan highlighted the necessity of this clearance in a recent interview.
Ashish Kumar Chauhan
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NSE awaits Sebi approval to proceed with long-delayed IPO plans
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Securities AND Exchange Board OF India University/AOP/Society
National Stock Exchange OF India Ltd.
IND
Ashish Kumar Chauhan
Ashish Chauhan
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07:49 25.10.2024
India's largest stock exchange seeks regulator approval for IPO plans
06:58 25.10.2024
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