Investcorp Holdings B.S.C. entered into an agreement to acquire Nse It Ltd. from NSE Investments Limited for INR 10 billion on April 29, 2024. The consideration consists of INR 10 billion in cash. As part of the consideration, INR 10 billion was paid towards common equity.

Avendus Capital Private Limited acted as financial advisor to NSE and NSEIT. Ernst & Young LLP acted as financial and tax advisor to Investcorp. Anagram Partners acted as legal advisor to Investcorp.