Investors oppose NSE’s biz rejig plans

Investors oppose NSE’s biz rejig plans

FPJ BureauUpdated: Friday, May 31, 2019, 06:55 PM IST
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New Delhi : A group of 9 investors, including Tiger Global and SAIF Partners, have opposed National Stock Exchange’s business restructuring plan saying the move would delay the bourse’s listing and result in loss in shareholders’ value.

 These investors – who together hold nearly 20 per cent stake – have also asked the exchange to move an in-principle application before Sebi for listing itself.

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