NSE to file for listing in India in 2017, later overseas - News Summed Up

NSE to file for listing in India in 2017, later overseas


The exchange will also file for an overseas listing of its shares by April 2017, India’s largest stock exchange said in a statement. In a bid to speed up the listing process and the regulatory filings, the NSE board has also reconstituted its listing committee as an empowered sub-committee of the board. Sebi norms for listing of stock exchanges do not permit self listing, which is a concern for the NSE management. The second person quoted above added the listing committee has also recommended that NSE should hire an investment banker at the earliest. Photo: Hemant Mishra/MintMumbai: The National Stock Exchange of India Ltd (NSE) on Monday said it plans to file papers in January 2017 to sell its shares to the public for the first time.


Source: Mint June 27, 2016 09:03 UTC



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