SEBI Chairman Signals NSE IPO Clearance Likely Within the Month
3 hours agoBusiness
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14 SourcesMumbai, India
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SEBI Chairman Signals NSE IPO Clearance Likely Within the Month

The National Stock Exchange (NSE) IPO is nearing regulatory clearance, with Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey indicating a No Objection Certificate (NOC) could be issued within this month. The NSE's listing plans, first filed in 2016, have been delayed for years due to governance issues and the co-location controversy. The exchange has since settled past regulatory cases, including paying a Rs 643 crore penalty, and implemented corrective measures, paving the way for potential approval.

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