NSE moves closer to listing DRHP expected by January 2017 for domestic listing

NSE moves closer to listing

DRHP expected by January 2017 for domestic listing

India’s largest stock exchange, National Stock Exchange of India Ltd (NSE)- has taken a step forward towards listing its shares. 

For domestic listing, the board of directors of the exchange - subject to shareholders' approval - has expressed desire to file the DRHP latest by January 2017, after addressing restructuring needs of the exchange and the regulatory requirements for listing. 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.

About The National Stock Exchange of India (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 of the 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 - Editor and Communications Head

asaha@nse.co.in , cc@nse.co.in  
Mobile: 09930019202 | 09903036100
Direct: 022 – 2659 8164
Twitter: @NSEIndia

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