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Media Release

 

Bombay Stock Exchange opens 6th Regional Service Centre in Rajkot

Bombay Stock Exchange Ltd (BSE), in a move to expand its investor services nationwide, opens its 6 th centre for investor services at Rajkot . The other centers are located at New Delhi , Kochi , Kolkata, Ahmedabad and Chennai.

The Centre was inaugurated by Mr. Rajnikant Patel, Managing Director & CEO, Bombay Stock Exchange Ltd., in the august presence of Ms. Mona Khandhar, IAS, Collector & District Magistrate, Rajkot ; Mr. K. Nityanandam IPS, Commissioner of Police, Rajkot & Mr. K. R. Choksey, Trustee, Investor Protection Fund.

The new Regional Service Centre marks a major development in expanding the scope and reach of BSE Services to investors located in different parts of the country. These centres are envisaged to provide services to the investors and are designed to offer complete range of services, which include:

•  Provision of time bound and personalised services to the investors
•  Single window to answer all queries related to stock market.
•  Accept and Redress Investor Grievances and act as an information centre.
•  Sale of publications of the Exchange and free distribution of informative and educative materials.
•  Organise Investor Awareness and other Training Programmes.
•  Organise presentations/lectures/seminars on capital market.
•  Provide view only BOLT/Derivatives/Webx terminals and Dissemination of Information related to market prices, volumes and     corporate information such as financial results, corporate announcements etc.
•  Technical connectivity to market participants for easy, economical, faster and reliable access to local members through     local leased lines. The hub obviates the need of brokers/sub -brokers having connectivity with BSE via long distance lease     lines or VSATs by having local lease line connectivity to the Regional Hub. Brokers can connect multiple terminals on     single local lease line connectivity to the hub.

Welcoming the guests Mr. Patel said,” This initiative is a reflection of the keen commitment of the Exchange towards enhancing the reach of its services across the nation and addressing the needs of its investors at their doorsteps. The Exchange has been serving the investors for the last 131 years and wishes to continue offering excellent services to them.”

ABOUT BSE:

Bombay Stock Exchange Limited (BSE) has evolved over the years into its present status as an icon among its peers. Its proud 131-year history combined with its base of electronic communications and processing knowledge has made it a formidable institution.

BSE became the first exchange in India to become truly demutualised and corporatised in August 2005. The corporatisation of the Exchange will enable BSE to further expand the scope of business and pursue innovations on products and processes with renewed vigour.

BSE offers a large variety of products for trading in the securities market. An investor can choose from about 4,700 listed companies. For the easy reference of investor, companies are classified into A, B1, B2, S, T and Z groups. It has always been on par with the international standards and has several firsts to its credit. BSE was the first Exchange in India to launch a Free Float Index, to obtain ISO certification for Surveillance and to have an exclusive facility for financial training. It is also the first Exchange in the country and second in the world to receive Information Security Management System standard BS 7799-2:2002 certification for its BSE On-line Trading System (BOLT).

Over the past 131 years, BSE has also facilitated the growth of Indian corporates by providing them with an efficient access to resource mobilization. Drawing from its rich past and its equally robust performance in the recent past, BSE will continue to remain a symbol and an indicator of the Indian securities markets.

Kalyan S. Bose
Head – Corporate Affairs

December 22 , 2005

 

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