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The IT-enabled solutions providers public issue will be entirely an offer for sale (OFS) by existing investors, giving an exit to eight of its over 20 investors, sources said.

ITC shareholders as of the record date of May 30 will get a final dividend of Rs 6.75 per share and a special dividend of Rs 9.75 per share. The total comes to Rs 9.50 per share

The capital markets regulator said in a notification that the "issuance of observations (has been) kept in abeyance." It did not provide further details. NSDL last month filed its draft red herring prospectus with the Sebi for an IPO which is entirely an offer for sale (OFS) of 57,260,001 shares by existing investors such as IDBI Bank, NSE, SBI, HDFC Bank and Union Bank of India

The IPO has been put under abeyance due to a pending investigation against the NSE, sources told CNBC TV-18.

There is a pending probe against its largest shareholder, NSE

According to the draft papers, NSDLs proposed IPO is a complete offer-for-sale of more than 5.72 crore equity shares by existing shareholders

Capital markets regulator SEBI has put the proposed initial share sale of securities depository NSDL in abeyance. NSDL filed its preliminary papers with SEBI on July 7. The proposed IPO is a complete offer-for-sale of more than 5.72 crore equity shares by existing shareholders. Shares of the company are proposed to be listed on BSE. As of financial year 2023, NSDL's revenue was Rs 1,099.81 crore and its net profit was Rs 234.81 crore.

Capital markets regulator Sebi has kept in abeyance the proposed initial share sale of securities depository NSDL. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7.

The lender holds a 8.95% stake in NSDL, which handles most of the securities held and settled in dematerialised form in the Indian capital market.

Two percent translates to up to 40,00,000 equity shares.