"Further, to accelerate the listing procedures, the board has re-constituted the current listing committee as an empowered sub-committee of the board. "The board also advised the NSE management to file for overseas listing by April 2017. "The board committee will explore all such possibilities and options (cross-listing and self-listing). As of now nothing is freezed," an NSE spokesperson told PTI.NSE has been facing intense pressure from its shareholders to go public and had formed a listing committee to expedite the listing process and seek support for self-listing. MUMBAI: Spelling out its listing plans, top bourse NSE today said it is has decided to get listed in India as well as abroad and will file draft IPO papers with Sebi for the domestic public issue by January 2017.It has decided to file for overseas listing by April 2017.The exchange, which has been pitching hard for either self-listing or direct supervision by Sebi and not by a rival exchange , said in a statement that its board of directors "has expressed desire to file the draft red herring prospectus latest by January 2017, after addressing restructuring needs and regulatory requirements for listing".
Source: Economic Times June 27, 2016 13:18 UTC