Calcutta Stock Exchange

Sebi examining Calcutta Stock Exchange exit application, says MoS finance

Capital market regulator Sebi is examining the application seeking voluntary exit of the Calcutta Stock Exchange (CSE) from its business, Minister of State for Finance Pankaj Chaudhary said on Monday. In a written reply to a question in the Lok Sabha, Chaudhary said Sebi has constituted a Working Group on the matter and appointed a valuation agency for verification and valuation of CSE's assets and liabilities. Certain information sought by Sebi from CSE is awaited, he said. "Sebi would be passing a speaking order giving an exit to CSE from stock exchange business after taking a view on exclusively listed companies of CSE, its assets and liabilities, and relaxation from any regulations in order to facilitate exit," he said. The Calcutta Stock Exchange (CSE), in its February 18, 2025, letter to the Securities and Exchange Board of India (Sebi), sought voluntary exit as a Stock Exchange under the Sebi Exit Policy for stock exchanges. "The proposal is at the stage of examination befor

Calcutta Stock Exchange may mark its last Diwali ahead of voluntary exit

With Sebi reviewing its voluntary exit application, the 117-year-old Calcutta Stock Exchange is preparing for its final Diwali as a bourse before transforming into a holding firm

CSE hopes on resuming operations in March-April 2024 as 3rd equity exchange

Buoyed by positive indications from the market regulator, the Calcutta Stock Exchange (CSE) hopes on making a comeback as the third equity exchange of the country by March-April 2024, a senior official said on Sunday. The Securities and Exchange Board of India (SEBI) barred the CSE from trading on its platform in April 2013 due to regulatory and compliance issues. "We will come back as the third equity bourse of the country soon. There is positive feedback. We have to adhere to some measures, which will be done by January," CSE chief general manager Dhiraj Chakraborty told PTI. "We hope to resume as an independent exchange again by March-April with new technology, which will be the best in the industry," he said. Currently, the CSE is surviving by providing its members with facilities to trade on the NSE platform. "With the approval of SEBI and subject to the decision of the Calcutta High Court, CSE expects to resume its trading and settlement functions on its own platform in the

Calcutta Stock Exchange seeks Sebi approval to set up clearing corporation

The CSE meets the criteria for the formation of the clearing corporation in terms of net worth

Calcutta Stock Exchange's lone battle for survival

Close to 20 RSEs have gone for voluntary exit, including big exchanges of Delhi, Chennai, Bengaluru

HC backs forced exit of Calcutta Stock Exchange

Board of regional bourse to meet shortly for deciding next move; says small firms will be hit if it's made to go