SEBI

The Securities and Exchange Board of India issued a letter of observation on the National Stock Exchange’s draft red herring prospectus, clearing the way for a ₹30,000-crore initial public offering. It would be the second-largest IPO in India after the proposed Jio Platforms issue. NSE had filed its DRHP on 17 June.

The Securities and Exchange Board of India issued a circular introducing an Information Technology Resilience Index for market infrastructure institutions, which include stock exchanges and depositories. The index assesses these institutions across nine parameters as part of efforts to strengthen the resilience of their IT systems.