NSE's 2016 DRHP filing made only a brief reference to Anand Subramanian

The DRHP, which must enlist all key risk factors, came in within two months of Anand Subramanian quitting as Group Operating Officer and Advisor to MD and within weeks of Chitra Ramkrishna's leaving

The country’s largest bourse NSE had filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) in December 2016.

The filing for its Rs 10,000-crore IPO came in less than two months of Anand Subramanian stepping down as Group Operating Officer and Advisor to MD and within weeks of then MD & CEO Chitra Ramkrishna’s resignation. She quit in the wake of the colocation scandal and due to alleged irregularities over appointment and elevation of Subramanian.

The DRHP, which is supposed to enlist all the key risk factors, has only a brief mention