Mumbai, Nov. 17 -- Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey on Monday said that the process on the proposed changes to the Listing Obligations and Disclosure Requirements (LODR) regulations has begun, and will involve extensive consultations before a final decision is taken.

He also indicated that clarity on the No Objection Certificate (NoC) for the NSE IPO will be provided at the appropriate time.

Addressing media on the sidelines of the CII Financing National Summit in Mumbai, Pandey said, "That is a big regulation and the process has begun. We will have lots of consultations and put out a consultation paper. It will take some time... You will know when the NoC (for NSE IPO) is issued."

During the...