NSE CEO Ashish Chauhan Calls Sebi's IPO Nod 'Divine' After Tirupati Visit

• NSE's long-awaited IPO is nearing approval, with signals from Sebi indicating a possible nod this month.
• NSE CEO Ashish Chauhan linked his family's Tirupati visit to the positive IPO momentum, calling it a 'divine sign'.
• Sebi chairman Tuhin Kanta Pandey confirmed the regulator is at a 'very advanced stage' for NSE's no-objection certificate.
• NSE's IPO journey faced delays due to governance concerns and the co-location controversy since its initial filing in 2016.
• The exchange resolved issues by paying a Rs 643 crore penalty and implementing reforms, including management changes and board restructuring.

Why It Matters: NSE's IPO is finally nearing approval after years of setbacks, with CEO Chauhan attributing it to divine timing.