- The National Stock Exchange is filing for a major IPO in India, with its valuation surpassing that of Life Insurance Corp and Hyundai Motor India. SEBI is also conducting probes into NSE's market practices.
- SEBI oversight and regulatory measures are affecting NSE operations, noting its dependence on derivatives trading revenues.
The Delhi High Court restrained the sale of National Stock Exchange (NSE) shares, and NSE subsequently filed papers with SEBI.
2 reports, 2 independent
Updated Jul 3
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What happened
The Delhi High Court restrained the sale of National Stock Exchange (NSE) shares, and NSE subsequently filed papers with SEBI.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Delhi High Court dismissed a Public Interest Litigation regarding IFCI's divestment of National Stock Exchange shares.Sub-event
- SEBI agreed to settle regulatory proceedings with NSE.Sub-event
Court restrains NSE share sales while NSE files papers with SEBI.1 source
Keep exploring
Part of
SEBI oversight and regulatory measures are affecting NSE operations, noting its dependence on derivatives trading revenues.Also in this story
- SEBI mandated a new closing auction mechanism, causing market divergence and pricing discrepancies for Reliance stock on NSE.
- Central government takes control of NSE operations and grants recognition to SEBI.
The entities involved
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Securities and Exchange Board of India
registration authority
Related events
- SEBI introduced stringent rules in India regarding the operation of the stock exchange.
- A ruling from the Delhi High Court impacts entities regulated by SEBI.
- SEBI was directed to obtain information from the Bombay Stock Exchange, and the Bombay High Court reviewed SEBI's challenge to CIC orders.
- NSE was a selling shareholder in depository setup, while SEBI issued an observation letter on its prospectus, and UP led new investor registrations.
- NSE issued a query due to high trading volume involving Shalimar Paints.