National Stock Exchange (NSE) is planning to list on bourses as the board of the exchange has expressed its desire to file the DRHP latest by January 2017 for domestic listing and by April 2017 for overseas listing.
NSE will file DRHP after addressing restructuring needs of the exchange and the regulatory requirements for listing. DRHP is the first document which a company desirous of getting its shares listed on a stock exchange, files with the Securities Exchange Board of India (SEBI).
Further, to accelerate the listing procedures, 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.
In a release NSE said, “All these decisions were taken during the last meeting of board of directors on 23 June 2016.”