LowNeutral
Announced Mon, 13 Jul · 05:42 IST

118-year-old Calcutta Stock Exchange plans comeback with new trading platform

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Awaiting price reaction for this filing.

AI summary

The 118-year-old Calcutta Stock Exchange is planning a comeback with a new trading platform after seeking to withdraw its voluntary exit application from Sebi. BSE holds a 5.05 percent stake in CSE, which has a net worth of over Rs 300 crore and reported FY25 income of Rs 26 crore. The revival, pushed by the West Bengal finance minister, faces regulatory, technological, and commercial hurdles including Sebi approval and the need to achieve minimum turnover thresholds.