India’s markets regulator has agreed
in principle with National Stock Exchange’s settlement
application on unfair market access case, Chairman Tuhin Kanta
Pandey said on Thursday.
The Indian government has approved the 2.5% stake dilution
and a notification is expected to be issued soon, Pandey said.
India’s biggest bourse and the world’s most active
derivatives exchange has been trying to list since 2016.
Approval has been delayed by regulatory investigations into its
conduct on fair market access for traders via its co-location
facilities.