NSE IPO NOC likely this month as SEBI agrees in principle to settlement
Moneycontrol
SEBI's in-principle agreement to settle a case clears a major obstacle for the National Stock Exchange's (NSE) long-awaited IPO.Summary
The National Stock Exchange (NSE) is likely to receive a No Objection Certificate (NOC) this month, following SEBI’s agreement in principle to a settlement regarding an unfair access case. This development removes a significant hurdle in NSE’s path to its initial public offering (IPO), allowing the exchange to begin formal steps for listing, including filing offer documents. Sources indicate that the process was already at an advanced stage, as previously stated by Pandey. The NOC is crucial for NSE to proceed with its long-delayed public listing, and SEBI’s decision represents a key step forward in the process.
(Source：Moneycontrol)