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NSE To File For IPO In 2017 In India

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National Stock Exchange (NSE) said that the board of directors of the exchange subject to shareholders' approval has expressed desire to file the DRHP latest by January 2017.

 

The issue will be filed after addressing restructuring needs of the exchange and the regulatory requirements for listing, the NSE said in the press release.

NSE To File For IPO In January 2017

The board has also advised the management to file for overseas listing by April 2017. Further, to accelerate the listing procedures, the board has re-constituted the current Listing Committee as an empowered sub-committee of the board.

The said committee will take decisions within a stipulated time line. All these decisions were taken during the last meeting of board of directors on 23 June 2016.

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