Quote from Mr. Rajnikant Patel, Managing Director & CEO; Bombay Stock Exchange Ltd. :
"BSE has picked up 5% stake, as a strategic partner, in CSE. We have signed an MOU for the revival and growth of Calcutta Stock Exchange and its members. We believe that BSE, CSE combination presents a good business opportunity for both BSE & CSE's members."
Details :
At Rs.2,000/- per share based on pre money enterprise valuation of approx : Rs.60 crores
Kalyan S. Bose
Head – Corporate Affairs
August 28, 2007