Bhubaneswar Stock Exchange
|Bhubaneswar Stock Exchange
|Owner||Bhubaneswar Stock Exchange Association Limited|
|Key people||Vivekananda Pattanayak Chairman
Debaraj Biswal CEO
Bhubaneswar Stock Exchange Association Ltd, (BhSE) is a stock exchange located in Bhubaneswar, Odisha, India. It was incorporated on 17th of April, 1989, and granted recognition to the Stock Exchange on 5th June, 1989, by the Ministry of Finance, Govt. of India. It is one among the 21 odd regional stock exchanges in India.
By 1999-2000, the exchange had a total of 234 brokers, out of which 15 were corporate brokers. Among 234 brokers, it was further classified as 209 proprietor and 15 corporate broker. Then, there was only 17 sub-brokers registered. The trading membership strength of Bhubaneswar Stock Exchange is 196 at present against the sanctioned strength of 350.
The affairs of the BhSE are managed by a Board of Directors consisting 9 Directors from the following categories:
- 4 Public Interest Directors
- 4 Shareholder Directors
- 1 Director in the capacity of Chief Executive Officer (BhSE)
On 15 September 2005, SEBI approved the corporatisation and demutualisation schemes of the Bhubaneshwar Stock Exchange which were required in accordance with the provisions of the Securities Contracts (Regulation) Act, 1956.
-  Bhubaneshwar Stock Exchange Limited