Metropolitan Stock Exchange of India Ltd (MSE) plans to pick up ₹1000 ст е from the Private Equity fund, the XV Venture Partners Investments VII, Jainam Braming Ltd and 28 other brokers, family offices and Venture Capital funds.
The plan is part of the efforts of revival of the exchange to catch up with peers.
On July 8, the Council approved the increase in the authorized capital and issue of up to 5000 million capital shares of nominal value ₹1 for action, each of the bonuses ₹1 (total price ₹2 for the participation of capital, including the bonus), showed the issue on July 9.
This translates into ₹1000 Crore for proposed allocations, including monarch Networth Capital Ltd, Straits Holdings PVT. Ltd, Securocrop Securities India PVT. Ltd, Share India Securities Ltd, Trust Investment Advisors PVT. Ltd, Findoc Investmart PVT. Ltd, Mansi Share & Stock Advisors PVT. Ltd, Pharma Ventures International LLP and others.
However, this is subject to approval of the company’s members during the extraordinary general meeting.
MSE picked up ₹238 CRERE from the BROKING companies GROWW MILLIONBRAINS GARAGE Ventures, Rainmatter Investments Zerodha, Share India Securities and Securocorp Securities India in December 2024.
Sebi Kanner
Latika Kundu, managing director of MSE and CEO Mint Earlier, the stock exchange began to modernize the technology of its network, infrastructure and systems to ensure trouble -free communication and better commercial impressions for members.
Bourse planned to offer a derivative contract for his flagship SX40 index. All derivatives of the National Exchange in India Ltd expire on Thursday, BSE LTD on Tuesday, and MSE headed for Friday on SX40 contracts.
But on May 26, the Round Commission of Securities and Stock Stock Stock Stock (SEBI) limited the expiry of extremely popular index options to Tuesday and Thursday each week.
June 3, Mint Reported The fact that the brothels and their founders, who supported the stock exchange in December 2024, were not sure of their investment on the SEBI circular.
However, they did not have an immediate plan to sell their rates.
Established in 2008 by Jignesh Shah and related entities, it was previously known as MCX-SX. Shah was allegedly involved in the National Spot Exchange Ltd fraud, which came to light in 2013. He refused to offend.
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