India’s NSE Sticking to IPO Deadline to Give Shareholders Exit
- Monetizing value for shareholders is a priority, CEO Says
- Overseas listing to boost global reach, branding: Ramkrishna
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National Stock Exchange of India Ltd. will adhere to its plan of going public early next year so it can give shareholders an opportunity to exit, according to its chief executive officer.
The NSE, the nation’s biggest equities bourse, has set up a panel to help with the plan to file an offer document with the regulator for listing domestically by January, CEO Chitra Ramkrishna said. Investors including Tiger Global Five Holding, Norwest Venture Partners X FII - Mauritius and State Bank of India have urged the bourse to speed up plans to list.