NSE denies Reuters report of writing to the government for intervening in its IPO
Published on 08/05/2025 12:55 PM
NSE denies Reuters report of writing to the government for intervening in its IPOReuters had reported earlier that NSE has written to the government seeking their intervention in its IPO, citing sources with knowledge of the matter.By CNBCTV18.com May 8, 2025, 12:55:10 PM IST (Updated)1 Min ReadThe National Stock Exchange (NSE) has issued a denial of a story done by Reuters earlier in the day with regards to its IPO.
"A news agency, Reuters, has published a story that NSE has sought intervention from the government relating to the NSE IPO. This story is denied by the NSE," the exchange wrote on its social media handle on "X".
The exchange went on to add that it has not had any correspondence with the Government of India in the last 30 months, with regards to its IPO.
Reuters had reported earlier that NSE has written to the government seeking their intervention in its IPO, citing sources with knowledge of the matter.
NSE recently reported results for the March quarter and financial year 2025, where it reported a 47% jump in its net profit to ₹12,188 crore compared to the previous financial year.
The exchange's board also recommended a final dividend of ₹35 per equity share (3,500%), which included a special one-time payout of ₹11.46 per share, subject to shareholder approval.Continue ReadingFirst Published: May 8, 2025 12:53 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsNSEshare market today