The country’s largest depository the National Securities Depository (NSDL) is planning to introduce an IPO in early April. Sources gave this information.
This step is important in terms of compliance with the rules of market regulator SEBI, where SEBI has limited a single unit ownership at 15 per cent in the market infrastructure institutions.
SEBI gave in -principle approval for the IPO in September 2024. Earlier in July 2023, NSDL submitted IPO documents. The period of approval is scheduled to end in April, so the NSDL process is accelerating. BS
First Published – February 20, 2025 | 10:45 pm IST
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