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MEDIA RELEASE

COMMON DISSEMINATION PORTAL GOES LIVE TODAY

The common dissemination portal has gone live today, the first trading day of the year 2007. In this portal, information mandatorily required in terms of the listing agreement in respect of companies listed in BSE or NSE, shall be available at one place. Investors will be able to access at the website the latest filings by any corporate irrespective of the exchange on which the shares of the corporate are listed. In common filing system, a company is required to file only once irrespective of whether it is listed on BSE or NSE. On the first day of the portal the number of pages viewed have been over 13,000.

Listed companies are being encouraged to file electronically through the BSE or NSE filing system. The portal would provide the retail investors easy and quick access to timely information.

SEBI will mandate electronic filing by listed companies in a phased manner. The Exchange shall in the intermittent period create sufficient awareness about e-filing among filers and about e-dissemination among investors and to upgrade their systems.

The common dissemination portal is key to developing a vibrant capital market in India. BSE has over the years undertaken various projects for enhancing investor protection in the country through training, certification programmes and other measures


About Bombay Stock Exchange:

Bombay Stock Exchange Limited is the oldest stock exchange in Asia with a rich heritage. Popularly known as "BSE", it was established as "The Native Share & Stock Brokers’ Association" in 1875. It is the first stock exchange in the country to obtain permanent recognition in 1956 from the Government of India under the Securities Contracts (Regulation) Act, 1956. The Exchange's pivotal and pre-eminent role in the development of the Indian capital market is widely recognized and its index, SENSEX, is tracked worldwide. Earlier an Association of Persons (AOP), the Exchange is now a corporatised entity incorporated under the provisions of the Companies Act, 1956, pursuant to the BSE (Corporatisation and Demutualisation) Scheme, 2005 notified by the Securities and Exchange Board of India (SEBI). For more information, visit www.bseindia.com.

Kalyan S. Bose
Head - Corporate Affairs

January 02, 2007.


 



 

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