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. Currently, the CSE is surviving by providing its members with facilities to trade on the NSE platform.
The bourse has floated a tender for EoIs from developers either in revenue share or area share basis. The piece of land is at a prime location at the newly developed New Town's Action Area II.
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The board would decide on the issue on February 1, when the Kolkata-based company would declare its results for the October-December quarter.
Leading bourse BSE has sold 4.15 per cent stake in Central Depositor Services India Limited (CDSL) for a little over Rs 34 crore.
The board also approved the acquisition of Taraansha Services (TSPL) as a wholly owned subsidiary by purchase of entire shareholding of TSPL from its existing shareholders through share swap.
The Calcutta Stock Exchange (CSE) wants a fresh lease of life. The 100-year old exchange is beginning with the revamp of its cash segment to attract more customers and get back into the mainstream, reports CNBC-TV18's Amrita Panja.