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In a press statement, the NSE said its board of directors has approved filing its draft offer documents for an IPO by January 2017, subject to shareholder approval. This will be done after “addressing restructuring needs of the exchange and regulatory requirements of the listing,” the exchange said.
The filings for the overseas listing will be done by April 2017, the statement added.
“Further, to accelerate the listing procedures,” it said, “the board has re-constituted the current Listing Committee as an empowered sub-committee of the board. The said committee will take decisions within a stipulated time line.”
These decisions were taken at the last meeting of board of directors on June 23, 2016.
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