The Securities and Exchange Board of India (SEBI) is actively addressing the long-pending initial public offering (IPO) of the National Stock Exchange (NSE). SEBI has established a dedicated committee to examine and resolve outstanding issues related to the IPO process. NSE has been instructed to promptly address all concerns to facilitate the listing.Reuters+1The Times of India+1
SEBI Chairman Tuhin Kanta Pandey emphasized the regulator’s commitment to prioritizing public interest over commercial gains, especially for institutions that serve both social and profit motives. He stated, “We will not allow commercial interest to take over the general public interest, and it is for the regulator to ensure that.”The Times of India+1Reuters+1Reuters
The NSE’s IPO has faced delays due to various factors, including SEBI investigations and legal proceedings. The regulator continues to work towards ensuring that the IPO process aligns with the broader public interest and maintains the integrity of the financial markets.Reuters+1The Times of India+1
Source (full link):
https://timesofindia.indiatimes.com/business/india-business/sebi-panel-looking-into-nses-ipo-related-issues/articleshow/120398116.cms
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