The National Stock Exchange (NSE) shares will begin trading on the Metropolitan Stock Exchange of India (MSEI) starting September 24, as per an MSEI circular released on Wednesday. The shares will be listed under the "Permitted to Trade" category on MSEI's capital market segment. NSE has chosen BSE as its stock exchange for listing, with the company's shares set to debut on BSE on Thursday following its ₹22,568.94-crore initial public offering.
Under the permitted-to-trade framework, NSE does not execute a listing agreement with MSEI and is thus exempt from the full disclosure requirements applicable to listed securities.
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