facebook-page-view
Advertisement

NSE may file IPO papers again, says SEBI chief

By Reuters

  • 03 Jul 2017
NSE may file IPO papers again, says SEBI chief
Credit: Reuters

National Stock Exchange (NSE) may need to re-submit its application for an initial public offering with new financial statements, said the chairman of the Securities and Exchange Board of India (SEBI), Ajay Tyagi, on Monday.

NSE had filed its draft red herring prospectus in December, but SEBI has delayed approval as it probes the NSE's disclosure that some brokers may have been given unfair access to its servers.

Tyagi, told reporters in the sidelines of an event, the prospectus may need to be re-submitted to reflect updated financials.

Advertisement

Share article on

Advertisement
Advertisement