Bhubaneswar Stock Exchange
| Bhubaneswar Stock Exchange | |
|---|---|
  BhSE Ltd | |
| Type | Stock Exchange |
| Location | Bhubaneswar, India |
| Coordinates | 20°11′04″N 85°29′24″E / 20.184403°N 85.490065°E |
| Founded | 1989 |
| Owner |
Bhubaneswar Stock Exchange Association Limited Securities and Exchange Board of India |
| Key people |
Gopal Chandra Nanda Chairman Debaraj Biswal CEO |
| Currency | Indian Rupee (INR) ₹ |
| Website | www.bhseindia.com |
Bhubaneswar Stock Exchange Association Ltd, (BhSE) is a stock exchange located in Bhubaneswar, Odisha, India. It was incorporated on 17 April 1989, and granted recognition to the Stock Exchange on 5 June 1989, by the Ministry of Finance, Govt. of India. It is one among the 21 odd regional stock exchanges in India.
Operations
By 1999-2000, the exchange had a total of 234 brokers, out of which 15 were corporate brokers. Among 234 brokers, it was further classified as 209 proprietor and 15 corporate broker. Then, there was only 17 sub-brokers registered. The trading membership strength of Bhubaneswar Stock Exchange is 196 at present against the sanctioned strength of 350.[1]
Organisation Structure
The affairs of the BhSE are managed by a Board of Directors consisting 9 Directors from the following categories:[2]
- 4 Public Interest Directors
- 4 Shareholder Directors
- 1 Director in the capacity of Chief Executive Officer (BhSE)
Happenings
On 15 September 2005, SEBI approved the corporatisation and demutualisation schemes of the Bhubaneshwar Stock Exchange which were required in accordance with the provisions of the Securities Contracts (Regulation) Act, 1956.[3]
See also
References
- ↑ http://www.bhseindia.com/trading%20member.htm
- ↑ http://www.bhseindia.com/organisation%20struture.htm
- ↑ Bhubaneshwar Stock Exchange Limited