Sebi is reviewing the Calcutta Stock Exchange’s voluntary exit application from stock exchange operations. A working group and valuation agency are examining its assets, liabilities, and listed companies before Sebi passes a formal exit order, said Finance Minister of State Pankaj Chaudhary
The historic Calcutta Stock Exchange, founded in 1908, is set to celebrate its final Kali Puja and Diwali as it prepares to exit the stock exchange business. SEBI approval, land sale, and employee VRS mark the winding-up process.
