October 19, 2026 04:03 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Internet access a fundamental right for children': SC rejects age-based 'blanket' ban | 'We will fight our own government': RG Kar victim's father threatens fresh protest after Sandip Ghosh gets bail | RG Kar shocker: Sandip Ghosh gets bail as only 7 of 147 witnesses examined, junior doctor blasts CBI | Trump waives Russia-related sanctions | 'How dare Elon Musk?' Owaisi defends Modi after billionaire's 'real boss' jibe at Ambani | 'B****y S***': IAS officer's abuse of female colleague during virtual J&K meeting sparks row | Aamir Khan’s nephew Imran Khan asked to leave India by Oct 28 after joining anti-CEC protest | ‘Their crime? Demanding justice’: Rahul Gandhi slams 4 AM detention of Ankita Bhandari’s parents | ‘Bangladesh showed us the way’: Neha Bora’s remarks spark BJP attack on Rahul Gandhi | Chingrighata flyover skid scare: Bikes fall, anti-skid blocks installed overnight as Bengal Minister Agnimitra Paul faces criticism

NSE moves ahead towards listing

| | Aug 23, 2016, at 06:30 pm
Mumbai, Aug 23 (IBNS): India’s largest stock exchange, NSE, has moved closer to listing its shares, an official released confirmed.

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 Aug 22, 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 release stated.

"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," the release added.

NSE is expected to gain further momentum following the implementation.

The national Stock Exchange said it will consider appointment of more banks for additional roles as may be felt expedient.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.