Coimbatore Stock Exchange
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Defunct stock exchange in India
Coimbatore Stock Exchange Limited, (CSE) was a stock exchange in Coimbatore, India. It was granted recognition as a stock exchange by the Securities and Exchange Board of India (SEBI) in 1991.[1]
In 1999, the exchange had refrained from restraining its members from furnishing unlimited personal guarantee to other exchanges.[2]
The Exchange had failed to renew its licence with the SEBI in 2006, and in 2009, it made a formal request to the board to exit the trading business in 2009.[1]
Prior to it becoming defunct, 170 companies were listed on the exchange.[3] The exchange became dormant in the early 2000s due to the advent of online trading on larger stock exchanges.[4]
See also
[edit]References
[edit]- ^ a b "SEBI allows exit of Coimbatore Stock Exchange as bourse". The Hindu. 4 April 2013. Retrieved 3 February 2014.
- ^ "Coimbatore SE members allowed to furnish personal guarantee". Coimbatore. The Indian Express. 20 June 1997. Archived from the original on 21 February 2014. Retrieved 3 February 2014.
- ^ Vijaykumar, Arun (30 March 2018). "Sebi seeks more time to mull battleground Coimbatore stock exchange's future". Pune. Economic Times. Archived from the original on 21 February 2014. Retrieved 3 February 2014.
- ^ R Y, Narayanan (5 January 2005). "Hopes on revival of Coimbatore bourse". Coimbatore. The Hindu. Retrieved 3 February 2014.
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