(Bloomberg) -- The National Stock Exchange of India formally approached the Securities and Exchange Board of India for an initial public offering of its shares, Mint reported, citing a spokesperson for the NSE.
“We have asked the Securities and Exchange Board of India for approval and only once this comes, will we start the IPO process. We have not spoken to merchant bankers so far, as we are awaiting regulatory clarity,” the spokesperson said, according to Mint.
To contact the reporter on this story: Meghan Genovese in New York at mgenovese@bloomberg.net
To contact the editors responsible for this story: Chakradhar Adusumilli at cadusumilli@bloomberg.net, Kevin Miller
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