New Delhi, Jan 30 (PTI) Markets regulator Sebi has granted a no-objection certificate (NOC) to the country's largest bourse, National Stock Exchange (NSE), to proceed with its long-awaited public listing, an official said on Friday.

NSE's IPO plans had been stalled for more than a decade.

The exchange first filed its draft offer documents in 2016 to raise about Rs 10,000 crore through an offer for sale by existing shareholders. However, Sebi did not grant approval due to regulatory concerns related to governance lapses and the co-location case. Since then, NSE had approached the regulator multiple times seeking clearance.

Earlier this month, Sebi chairman Tuhin Kanta Pandey said the regulator had given "in-principle" approval to the settlement plea filed by NSE in the unfair market access case, an important development seen as paving the way for the exchange's IPO.

NSE had filed the settlement application in June 2025.

In March 2025, Sebi constituted an internal committee to examine NSE's listing plan. PTI SP MR

NSE IPO: Sebi grants NOC after decade-long stall following settlement approval and regulatory review process Sebi granted a no-objection certificate allowing the National Stock Exchange to proceed with its long-pending IPO after an internal committee review and an in-principle approval of the exchange's settlement plea in the unfair market access case, addressing earlier governance lapses and the co-location controversy that had previously impeded approval of the 2016 offer for sale.