NSE announces formation of Listing Committee (LC)
Mumbai:
India’s leading stock exchange NSE is on course to list. The Board of
NSE has formed a Listing Committee,
comprising Board members, shareholders and management representatives
to accelerate the process of listing and to assist the MD&CEO in
implementing the same.
Formation
of the committee was decided in the last Board meeting. The Board had
authorized Ms. Chitra Ramkrishna, MD& CEO to induct members in the
committee apart from
shareholder representatives who are currently not represented on the Board.
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| Ms. Chitra Ramkrishna, MD& CEO NSE India. |
Significantly, the listing committee will interact with the shareholders and will engage constructively
to proceed on the restructuring exercise simultaneously
with self-listing agenda. It will take their assurances to support the
NSE’s principled stand that an exchange should continue to be regulated
by an appropriate regulator only and not by competitors.
"We are
committed to take the listing of the country's most trusted bourse to
the exchange platform. Understanding of critical issues and a
constructive dialogue is important to reach this milestone
in stipulated timelines. I am sure Listing Committee will play a
pivotal role to chart out this process", said Ms. Chitra Ramkrishna, MD
& CEO, NSE.
As
soon as the above objectives are assessed, the LC will present its
formal report to the Stakeholders Relations
Committee (SRC) for its review and onward approval by Board. The
committee will also have common nominees to advice on legal, regulatory,
government matters and also for getting feedback from shareholders.
About The National Stock Exchange of India Ltd (NSE)
In its 20 years of existence, NSE has transformed the capital market,
based on technology, innovation,
high standards of corporate governance and management practices. NSE's
business practices and high level of integrity have earned it the trust
of the financial markets worldwide. Besides being a platform of choice
for all exchange traded financial products
in India, NSE's flagship index, Nifty50 is used extensively by
investors in India and around the world as a barometer the of Indian
capital markets. Since inception, the exchange has been covered
extensively by global media and has won many accolades in recognition
of its contribution in reforming the Indian securities market. For more
information, please visit:
www.nseindia.com
For more details, contact:
Arindam Saha
Head - Corporate Communications
Mobile: 09930019202 | 09903036100
Direct: 022 – 2659 8164
Twitter: @NSEIndia
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