National Stock Exchange's IPO Await SEBI Nod!
NSE Ready for IPO Launch
The National Stock Exchange (NSE) is set to initiate its IPO process pending SEBI approval, as CEO Ashish Chauhan confirms readiness.
SEBI's Scrutiny and Delays
Delays in NSE's IPO stem from SEBI's concerns over governance issues and technological infrastructure enhancements post-2021 trading glitches.
Path to Approval and Reapplication
CEO Ashish Chauhan emphasizes NSE's commitment to meeting SEBI's criteria and anticipates reapplication for IPO once regulators are comfortable with operations.
Financial Performance and Growth
Despite challenges, NSE reports Q3FY24 net profit rise of 8%, driven by diversified revenue sources, paving the way for future growth.
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