Offer Documents

Legal Disclaimer – Important

NOT FOR ACCESS IN OR BY, OR DISTRIBUTION OR TRANSMISSION IN, INTO OR TO, DIRECTLY OR INDIRECTLY, THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS), ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA (THE “UNITED STATES”) OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the draft red herring prospectus (“DRHP”) and the draft abridged prospectus (“Draft Abridged Prospectus”) of National Stock Exchange of India Limited (the “Company”) dated June 17, 2026 filed with the Securities and Exchange Board of India (“SEBI”) and BSE Limited (“BSE”) and hosted on this website, in relation to the initial public offering of the equity shares of face value of ₹1 each (“Equity Shares”) of the Company (“Offer”). The Company does not accept any responsibility for any contravention of applicable securities laws and regulations by individuals as a result of false information provided by such individuals.

Access to the DRHP does not constitute a recommendation by the Company, Selling Shareholders and Kotak Mahindra Capital Company Limited, JM Financial Limited, Morgan Stanley India Company Private Limited, Citigroup Global Markets India Private Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited, Anand Rathi Advisors Limited, Avendus Capital Private Limited, Axis Capital Limited, DAM Capital Advisors Limited, Equirus Capital Limited (formerly known as Equirus Capital Private Limited), HDFC Bank Limited, ICICI Securities Limited, IDBI Capital Markets & Securities Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited, Pantomath Capital Advisors Private Limited, SBI Capital Markets Limited and 360 ONE WAM Limited (collectively, the “Book Running Lead Managers”) or any of their respective affiliates or any other person to subscribe to the Equity Shares offered in the Offer.

EACH OF THE DRHP AND THE DRAFT ABRIDGED PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”). The DRHP and Draft Abridged Prospectus have been hosted on this website as prescribed under Regulation 26(1) of the SEBI ICDR Regulations. In accessing the DRHP and Draft Abridged Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time. You are advised to read this disclaimer carefully before reading, accessing or making any other use of the DRHP.

The DRHP and Draft Abridged Prospectus are directed at, and are intended for distribution to, and use by, residents of India only. The information in this portion of our website, including the DRHP and Draft Abridged Prospectus, is not intended for, and may not be accessed in or by, or distributed, published or transmitted in, into or to, directly or indirectly, the United States of America (including its territories and possessions), any state of the United States and the District of Columbia (the “United States”) or any other jurisdiction where it is unlawful to do so. All persons residing outside of the United States who wish to access the DRHP and Draft Abridged Prospectus contained on the following page of this website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website or require registration or approval for any acquisition of securities by them. No part of the contents of the DRHP and Draft Abridged Prospectus shall be copied or duplicated in any form by any means or redistributed.

Each of the DRHP and Draft Abridged Prospectus does not constitute an offer to sell, or the solicitation of an offer to purchase or acquire, any securities of the Company in the United States or in any other jurisdiction in which such offer or solicitation would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold (i) within the United States only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act, and referred to in the DRHP and Draft Abridged Prospectus as “U.S. QIBs”, for the avoidance of doubt, the term U.S. QIBs does not refer to a category of institutional investor defined under applicable Indian regulations and referred to in the DRHP  and Draft Abridged Prospectus as “QIBs”) in transactions exempt from the registration requirements of the U.S. Securities Act, and (ii) outside the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.

The Company and Book Running Lead Managers and their respective affiliates, directors, officers, agents, representatives, advisers and employees do not accept any liability whatsoever, direct or indirect, that may arise from the use, interception and interpretation of the information contained on this website. The information in the DRHP and Draft Abridged Prospectus is as of the date thereof and neither the Company, the Book Running Lead Managers nor their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the DRHP and Draft Abridged Prospectus to reflect circumstances arising after the date thereof. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently, neither the Company, the Book Running Lead Managers nor any of their respective affiliates, directors, officers, agents, representatives, advisers or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of the DRHP and Draft Abridged Prospectus in electronic format.

Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” in the DRHP. Potential investors should also refer to the red herring prospectus which will be filed with the Registrar of Companies, Mumbai - I at Mumbai (“RoC”) and SEBI in the future, including the section titled “Risk Factors”. Any decision on whether to invest in the equity shares described in the DRHP may only be made after a red herring prospectus has been filed with the RoC, SEBI and BSE and must be made solely on the basis of the red herring prospectus. As there may be material changes in the red herring prospectus versus the DRHP, potential investors should not rely on the DRHP filed with SEBI and BSE.

Please note that application forms downloaded and used for subscription to the Offer in contravention of the above will be rejected with no recourse to the Book Running Lead Managers or the Company or any of their respective affiliates.

Any person into whose possession the DRHP comes is required to inform himself or herself about and to observe any such restrictions. Investors are advised not to rely on any other document, content or information provided on the Offer on the internet / online websites / social media platforms / micro-blogging platforms and by the influencers since the same is not approved/ commissioned/ paid by the Company or its directors/ Key Managerial Personnel in any manner. Investors are advised to rely only on the information contained in the Red Herring Prospectus and the price band advertisement for making investment decision.

You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses. Neither the Company, the Book Running Lead Managers nor their respective affiliates, directors, officers, agents, representatives, advisers or employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of this website or the DRHP and Draft Abridged Prospectus.

Failure to comply with this disclaimer may result in a violation of the applicable laws of India and other jurisdictions. Any other information contained in, or that can be accessed via our website does not constitute a part of the DRHP and Draft Abridged Prospectus.

IF YOU ARE NOT PERMITTED TO VIEW THE MATERIALS ON THIS WEBSITE OR ARE IN ANY DOUBT AS TO WHETHER YOU ARE PERMITTED TO VIEW THESE MATERIALS, PLEASE EXIT THIS WEBPAGE.

To access this information, you must confirm, by pressing on the button marked “I Confirm”, that at the time of access, you are located in India. If you cannot make this confirmation, you must press the button marked “I Do Not Confirm”.

The documentation contained in these pages is posted solely to comply with Indian legal and regulatory requirements. Making the information contained herein available in electronic format does not constitute an offer to sell, the solicitation of an offer to buy, or a recommendation to buy or sell securities of the Company in the United States or in any other jurisdiction, including without limitation, India.