NSE IPO Gets Green Light: Board Forms Committee, Accelerates ₹23,000 Cr OFS Plan

• National Stock Exchange (NSE) board approves IPO plan, forms new IPO Committee.
• IPO Committee, chaired by Teblesh Pandey, will oversee the public issue process.
• Formal IPO process to begin next week, with DRHP filing aimed for March-April.
• Proposed IPO will be an Offer for Sale (OFS) of approximately 4.5% stake, valued at ₹23,000 crore.
• NSE also approves establishing a Coal Exchange Subsidiary with a 60% stake and ₹100 crore initial investment.