Calcutta Stock Exchange Association Limited
Encyclopedia
Calcutta Stock Exchange located at the Lyons Range, Kolkata
, India
, was incorporated in 1908 and is the second largest bourse in India.
tree. The earliest record of dealings in securities in India is the British East India Company
’s loan securities. In 1908, the stock exchange was incorporated and had consisted of 150 members. The present building at the Lyons Range was constructed in 1928. The Calcutta Stock Exchange has been granted permanent recognition by the Central Government with effect from April 14, 1980 under the relevant provisions of the Securities Contracts (Regulation) Act, 1956. The Calcutta stock exchange followed the familiar outcry system for stock trading up until 1997, when it was replaced by an electronic (eTrading) system known as C-STAR (CSE Screen Based Trading And Reporting).
(BSE) has made a strategic investment in Calcutta Stock Exchange, acquiring 5% of its shares.
Kolkata
Kolkata , formerly known as Calcutta, is the capital of the Indian state of West Bengal. Located on the east bank of the Hooghly River, it was the commercial capital of East India...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
, was incorporated in 1908 and is the second largest bourse in India.
History
In 1830, the bourse activities in Kolkata used to conducted under a neemNeem
Azadirachta indica is a tree in the mahogany family Meliaceae. It is one of two species in the genus Azadirachta, and is native to India growing in tropical and semi-tropical regions. Its fruits and seeds are the source of neem oil...
tree. The earliest record of dealings in securities in India is the British East India Company
British East India Company
The East India Company was an early English joint-stock company that was formed initially for pursuing trade with the East Indies, but that ended up trading mainly with the Indian subcontinent and China...
’s loan securities. In 1908, the stock exchange was incorporated and had consisted of 150 members. The present building at the Lyons Range was constructed in 1928. The Calcutta Stock Exchange has been granted permanent recognition by the Central Government with effect from April 14, 1980 under the relevant provisions of the Securities Contracts (Regulation) Act, 1956. The Calcutta stock exchange followed the familiar outcry system for stock trading up until 1997, when it was replaced by an electronic (eTrading) system known as C-STAR (CSE Screen Based Trading And Reporting).
Alliance
Bombay Stock ExchangeBombay Stock Exchange
The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...
(BSE) has made a strategic investment in Calcutta Stock Exchange, acquiring 5% of its shares.
Public representatives
- V.P.Ramachandran, IAS(Retd.)
- Biswajit Choudhuri
- Tallen Kumar, IAS
- D.Chakraborty, IRS(Retd.)
- Abhirup Sarkar
- D.Paul, WBHJS(Retd.)
- D.Basu, WBHJS(Retd.)
- B.P.Dasgupta, WBHJS(Retd.)
Senior executives
- B Madhav Reddy - MD & CEO
- Satyabrata Sahoo - GM
- M.A.V Raju - DGM Admin & HR
- P. S. Mohapatra - DGM-Information Technology
- D. Chakraborty - DGM
- Anupam Roy Bardhan- Senior Manager
- Abha Bafna - Secretary
- A Santra - Manager-Surveillance
- Asis Maity- Manager-Market Operation