BSE Ltd., which operates India's Bombay Stock Exchange, may sell shares in an initial public offering or IPO in the middle of the next fiscal year commencing from April 1, its Chief Executive said Wednesday.
The exchange has hired 14 banks to manage the proposed IPO, Ashishkumar Chauhan said. He, however, declined to identify the investment banks.
The BSE is India's second-largest stock exchange by market share and its stakeholders include Deutsche Boerse AG DB1.XE +0.19 percent and Singapore Exchange Ltd. S68.SG -0.28 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.