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VERIFIEDMint Markets·neutral
NSE IPO: Bank of Baroda to divest up to 35% of holding in National Stock Exchange through OFS in exchange’s public offer
AI Summary
- ·Bank of Baroda plans to sell up to 76,90,375 equity shares, representing 35% of its holding in NSE.
- ·The divestment will be conducted through an Offer for Sale as part of the NSE's Initial Public Offering.
- ·The transaction is anticipated to be completed by the end of September 2026, subject to regulatory approvals.