The Securities and Exchange Board of India (SEBI) has granted its no-objection certificate (NOC) to the National Stock Exchange (NSE) for pursuing its long-awaited public listing. This marks a major regulatory milestone in NSE’s plan to go public, nearly two decades after it became India’s largest stock exchange. With SEBI’s NOC in place, NSE can now proceed to file a draft red herring prospectus (DRHP) with the market regulator for its initial public offering (IPO). The exchange aims to list its shares to provide liquidity to existing shareholders, enhance transparency, and strengthen corporate governance. The nod also signals regulatory confidence in NSE’s compliance and operational systems after years of delays following governance-related probes.