India’s largest stock exchange NSE may eventually seek Sebi’s permission to allow its shares to trade on its own platform after the exchange completes its much-anticipated IPO, though it has not yet approached the regulator.
The proposal would require NSE to explore the “permitted to trade” route, under which securities can trade on an exchange without being formally listed there. The company would continue to remain listed on its primary exchange, with its existing compliance and disclosure obligations unchanged.