India: BSE looks to divest up to 30% in CDSL through IPO

India: BSE looks to divest up to 30% in CDSL through IPO

Photo: Aniruddha Chowdhury/Mint

BSE Ltd, the oldest stock exchange in Asia, is preparing to divest a stake of up to 30% in depository firm Central Depository Services (India) Ltd (CDSL) through an initial public offering (IPO) that could fetch the exchange up to Rs.500 crore, said three people aware of the development.

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