NSE shares to trade on MSE from Thursday
NSE shares to trade on MSEI’s capital market segment under the ‘Permitted to Trade’ category
The National Stock Exchange (NSE) shares will commence trading on the Metropolitan Stock Exchange of India (MSEI) starting from Thursday, September 24, as per a recent announcement by MSEI. This admission of NSE shares to MSEI's capital market segment falls under the "Permitted to Trade" category, according to the circular issued by MSEI on Wednesday.
NSE has chosen BSE as its stock exchange for listing purposes, with the company's shares set to make their public debut on BSE on Thursday following its ₹22,568.94-crore initial public offering (IPO). Under the permitted-to-trade framework, NSE does not establish a formal listing agreement with MSEI, and as such, the company is not obligated to adhere to the comprehensive disclosure requirements that apply to securities listed on MSEI.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- NSE IPO: NSE shares to debut on MSE, BSE Thursday economictimes.indiatimes.com