Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Approves Corporatisation and Demutualisation of Madhya Pradesh Stock Exchange to Form MPSEL, Ensuring Public Shareholding.</h1> The Securities and Exchange Board of India (SEBI) approved a scheme for the corporatisation and demutualisation of the Madhya Pradesh Stock Exchange (MPSE), transitioning it from an association of persons to a company limited by shares, named Madhya Pradesh Stock Exchange Limited (MPSEL). The scheme outlines the transfer of assets, liabilities, and functions from MPSE to MPSEL, ensuring segregation of ownership and management from trading rights, and mandates that at least 51% of MPSEL's equity shares be held by the public. SEBI retains the authority to modify the scheme in the public interest, and compliance with the scheme's provisions is required.