NSE IPO Nears Approval: CEO Ashish Chauhan Calls SEBI Nod a 'Divine Signal' After Tirupati Visit

• NSE's long-awaited IPO is nearing approval, with SEBI indicating a no-objection certificate could be issued this month.
• NSE CEO Ashish Chauhan linked the positive development to his family's pilgrimage to Tirupati, calling it a "divine sign."
• SEBI Chairman Tuhin Kanta Pandey confirmed the regulator is at a "very advanced stage" for NSE's listing approval.
• The IPO faced years of delays due to governance concerns and the co-location episode, first filing its draft prospectus in 2016.
• NSE has implemented corrective measures, including a Rs 643 crore penalty payment and board restructuring, to address past issues.

Why It Matters: NSE's IPO is finally on track for approval, with CEO Chauhan attributing the timing to a 'divine signal'.