India: NSE seeks Sebi approval for rejig plan ahead of public listing

India: NSE seeks Sebi approval for rejig plan ahead of public listing

The National Stock Exchange Ltd, or NSE, has submitted its restructuring plan to the capital markets regulator and proposed the creation of a subsidiary which will hold all the profit-making businesses before it goes in for a public listing, said two people familiar with the plan.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter