National Stock Exchange (NSE) Unlisted Shares
NSE Denies Reports Of Seeking Govt Intervention In IPO Deadlock
Msn
2 min read
NSE Denies Asking Government for Help with IPO Delay.
Expert Analysis :
Denial of Media Reports: The National Stock Exchange (NSE) denied media reports claiming it approached the Government for help with its delayed IPO.
Official Clarification: NSE stated on social media platform X that there has been “no correspondence with the Government of India in the last 30 months relating to its IPO.”
Past Government Approaches (as per report): The report claimed NSE approached the government in 2019, twice in 2020, and in August 2024, urging it to engage with SEBI’s new Chairman on governance and executive appointment concerns.
Rejection of SEBI's Concerns: NSE’s letter rejected SEBI's concerns, claiming full compliance with the regulator's rules.
Accusations Against SEBI: The NSE has alleged that SEBI is responsible for undue delays in granting approvals and claimed that recent regulatory actions have unfairly impacted NSE more than BSE.
NSE denied seeking government help for IPO delays, clarified no recent correspondence, and stated that SEBI's regulatory actions may have contributed to slower approvals.
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