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VERIFIEDMint Markets·neutral
NSE IPO: Indian Bank to divest up to 17.91% of its holding in National Stock Exchange via Offer for Sale
AI Summary
- ·Indian Bank plans to sell up to 15 lakh equity shares in NSE via an Offer for Sale.
- ·This divestment represents 17.91% of Indian Bank's holdings in NSE.
- ·The sale is expected to be completed by September 2026, after NSE's IPO.