NSE Sells 1% Stake in Indian Gas Exchange to Comply with Regulatory Norm
The National Stock Exchange of India (NSE) has announced the sale of a 1% stake in the Indian Gas Exchange (IGX) to comply with regulatory requirements. The move ensures adherence to norms set by the Petroleum and Natural Gas Regulatory Board (PNGRB), which mandate diversified ownership in energy trading platforms. Details of the Transaction The…