New mechanism to speed up transfer of unlisted NSE shares
Shares of the IPO-bound National Stock Exchange of India will be easily transferable between investors starting Monday, as the bourse moves from an exchange approval-based system to the delivery instruction slip (DIS) mechanism. The shift is expected to shrink share-transfer timelines from as long as six months to just 3 to 5 days, streamlining transactionsβ¦
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