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SHCIL, IFCI Offload NSE Shares; Reported Valuation Of NSE $4B

BY  Madhav A Chanchani
The stake has been offloaded to meet SEBI clause that does not allow more than 5% stake of an individual investor in a borse.

India’s largest stock exchange National Stock Exchange (NSE) continues to be the favourite among investors. Hero Honda and Srei Infrastructure Finance have acquired stakes from IFCI and Stock Holding Corporation of India (SHCIL) at Rs 3,500 per share....

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