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NSE has appointed Citigroup, JM Financial, Kotak Mahindra Capital and Morgan Stanley as its global co-ordinating banks, bringing it another step closer to finally going public. In a press statement on Tuesday, the stock exchange said it has also appointed Cyril Amarchand Mangaldas as its legal advisor for the process.
The decisions were finalised at the exchange’s board meeting on Monday.
The statement added that as the listing process gains momentum, NSE will consider appointment of more banks for “additional roles as may be felt expedient”.
The Board approved the appointment of Price Waterhouse & Co as Joint Statutory Auditors for 2016-17 along with the current statutory auditors and as sole Statutory Auditors for the financial years 2017-21, subject to the approval and ratification of shareholders as may be applicable.
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