BSE Limited has informed the Exchange about Merger of BSE Investments Limited and BSE Administration & Supervision Limited with BSE Technologies Private Limited
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BSE Limited has completed a merger of two of its wholly-owned subsidiaries into another wholly-owned subsidiary. BSE Investments Limited and BSE Administration & Supervision Limited have been merged into BSE Technologies Private Limited under Section 233 of the Companies Act, 2013. The Regional Director approved the scheme on April 8, 2026, and it became effective on April 23, 2026. BSEINV and BASL have ceased to exist as separate entities. The rationale is to achieve a simpler corporate structure and eliminate duplicate procedures. BSE Technologies Private Limited will issue shares to BSE Limited as part of a share swap arrangement, and will remain a wholly-owned subsidiary. This is an internal restructuring with no cash consideration involved.
This merger involves only wholly-owned subsidiaries of BSE Limited and does not affect the listed company's shareholding or core business operations. There is no direct impact on BSE Limited shareholders as the parent company retains full ownership of the surviving entity.