Media Release

Media Release

SRG Housing Finance Ltd shifts to BSE main bourse

Mumbai February 04, 2015:  SRG Housing Finance Ltd shifts from BSE SME Platform to the main BSE Bourse. Company has fulfill all the eligible criteria to get migrated on the BSE main board:

·         Successfully completing the two years on the BSE SME bourse

·         Company post issue paid capital is more than Rs10 crores and currently it is Rs11.31 crores level.

·         Company has passed a resolution on 4th December, 2014 whereby they have got approval from 2/3rd shareholders for migration on the main board.

 The company was listed on the BSE SME Platform in September 2012.

SRG Housing Finance Ltd is a National Housing Board (“NHB”) Registered Housing Finance Company headquartered at Udaipur, Rajasthan. The company is engaged primarily in the business of providing Housing Finance for Home Ownership. The company has a unique focus on Non-salaried borrowers namely, Self Employed Professionals (“SEP”) and Self Employed Non-Professional (“SENPs”).

Aryaman Financial Services Limited was the Lead Manager to the Issue and ISJ Securities Pvt. Ltd. was the Market Maker for the scrip on the SME platform.

ABOUT BSE Ltd:

BSE (formerly Bombay Stock Exchange Ltd.) – Established in 1875, BSE Ltd. (formerly known as Bombay Stock Exchange Ltd.), is Asia’s first Stock Exchange and one of India’s leading exchange groups and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing. BSE also has a dedicated platform for trading in equities of small-and-medium enterprises (SME).

BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, the wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on BSE platform and provides full innovation guaranteeing the settlement of all bonafide trades executed on the BSE Platform. BSE Institute Ltd, a fully owned subsidiary of BSE, runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), a subsidiary of is one of the two central depository services in India.

For More Information 

Yatin Padia – 022 2272 8516 / Ketan Mehta – 022 2272 8321
Marketing Communications
yatin.padia@bseindia.com/
ketan.mehta@bseindia.com