NSE Board Approves IPO via OFS, Reconstitutes Committee for Listing Oversight

• National Stock Exchange (NSE) board clears long-awaited IPO, entirely an offer-for-sale (OFS) with no fresh issue.
• Decision follows SEBI's no-objection certificate (NOC), enabling listing plans after a decade of delays.
• IPO Committee reconstituted to oversee execution, chaired by Tablesh Pandey, including public interest directors and CEO Ashishkumar Chauhan.
• Committee to supervise IPO processes, focusing on governance, compliance, and procedural discipline.
• NSE's IPO plans were stalled since 2016 due to regulatory issues and the co-location controversy; SEBI recently granted in-principle approval for settlement.