NSE to file for fresh Sebi no-objection certificate for IPO approval

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NSE to file for fresh Sebi no-objection certificate for IPO approval - Business Standard

Quick Summary:

Sebi had returned the DRHP in 2019, advising it to make fresh filings after the co-location matter was resolved.

Amidst the IPO uncertainties, foreign investors had turned net sellers in the last few months, with shares worth Rs 3,500 crore sold in June and July.

The clarification comes after Sebi informed the Delhi High Court earlier this month that NSE had not submitted any new request for an NOC for the listing.