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NSE Awaits SEBI Approval For Reconstitution Of Board, IPO Process
India’s largest stock exchange is missing key board members as SEBI approval pends.
11 Nov 2019, 07:57 AM IST
The board of directors of India’s largest stock exchange has had no chairman for 10 months, is running under capacity and the terms of three of its directors have ended. The National Stock Exchange, a quasi-regulator itself, is currently awaiting the market regulator’s nod to reconstitute its board to full strength, according to two people aware of the development. They declined to be named given the sensitivity of the matter.Regulat...
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