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The National Stock Exchange of India (NSE) has received a no-objection certificate (NOC) from market regulator Securities and Exchange Board of India (Sebi) for its long-awaited initial public offering,
clearing a crucial regulatory hurdle for the country’s largest stock exchange to move ahead with its IPO plans.
After the key document in hand, the NSE can now officially engage with merchant bankers and law firms to prepare its application document for IPO or Draft Red Herring Prospectus (DRHP).
(This is breaking. Details will be added shortly.)
