The move comes ahead of the listing of BSE on the National Stock Exchange (NSE) platform. Besides, NSE has also initiated its IPO process and filed draft papers with Sebi last month for Rs 10,000 crore IPO.
The Listing Department of stock exchange, on which the listing is done, will be responsible for monitoring the compliance of the listed bourse, Securities and Exchange Board of India (Sebi) said in a circular.
An independent Conflict Resolution Committee (CRC) constituted by Sebi, with an objective for independent oversight and review, will monitor potential conflicts between listed and listing stock exchange on a regular basis.
The listed stock exchange aggrieved by the decision of the Independent Oversight Committee of the listing exchange may appeal to the CRC.
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