The Securities and Exchange Board of India (SEBI) has granted a no-objection certificate (NOC) for the long-awaited initial public offering (IPO) of the National Stock Exchange (NSE), clearing a key regulatory hurdle that had delayed the listing for several years. Welcoming the decision, NSE Chairperson Srinivas Injeti said the exchange is pleased to receive SEBI’s approval for its IPO, calling it a significant milestone in NSE’s growth journey.

He added that the approval marks the beginning of a new phase of value creation for all stakeholders and reinforces confidence in NSE’s role as an integral pillar of the Indian economy and a cornerstone of the country’s capital markets.