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Tuesday, August 23, 2016

NSE moves ahead towards listing

NSE moves ahead towards listing
India’s largest stock exchange NSE has moved closer to listing its shares. The exchange is committed to list its shares at the earliest possible time frame. 

As a step towards the same, the Board of NSE in its meeting held on 22 August 2016 decided to engage the following four Joint Global Co-ordinators viz., Citigroup Global Markets India Private Ltd, JM Financial Institutional Securities Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited and Legal Advisor viz., Cyril Amarchand Mangaldas. 
The Board also approved the appointment of Price Waterhouse & Co, Chartered Accountants LLP as Joint Statutory Auditors for the financial year 2016-17 along with the current statutory auditors and as sole Statutory Auditors for the financial years 2017-21, subject to the approval and ratification of shareholders as may be applicable.

With these steps, NSE expects the listing process to gain further momentum. NSE will consider appointment of more banks for additional roles as may be felt expedient.
For more details, please contact:
Arindam Saha | Editor and Communications Head
Mobile: +91 – 9930019202 | 09903036100
Twitter: @NSEIndia
 About National Stock Exchange of India (NSE):
 In its 23 year history, NSE has transformed the capital market, based on technology, innovation, high standards of governance and management practices. NSE's business practices and high levels of integrity have earned it the trust of the financial markets worldwide. Besides being a platform of choice for all exchange traded financial products in India, NSE’s flagship index, the Nifty 50, has become a benchmark national level economic parameter. Since inception, the exchange has been covered extensively by global media and has won many accolades as recognition of this remarkable journey. For more information, please visit: www.nseindia.com

NSE moves ahead towards listing Reviewed by S. Chitra on August 23, 2016 Rating: 5 NSE moves ahead towards listing India’s largest stock exchange  NSE has moved closer to listing its shares. The exchange is committed to ...

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