Overview
- SEBI Chairman Tuhin Kanta Pandey said the regulator has backed NSE’s settlement in the unfair access cases and is in the final stages of issuing a no‑objection certificate.
- The exchange is targeting an end‑March 2026 filing of draft listing papers, with formal appointments of bankers and lawyers contingent on the NOC.
- NSE’s settlement applications in the co‑location and dark fibre matters total about Rs 1,387 crore, for which significant provisions have been made.
- The government has approved a 2.5% dilution to facilitate the listing under relaxed minimum float norms for companies valued above Rs 5 trillion.
- The IPO is anticipated to be among India’s largest, advancing a listing effort that has been stalled since 2016.