Media Release
Indian Issuers get new Access to Underlying Shareholder Information
Mumbai, November 9th2015 MarketPlace Tech Infra Services, a company wholly owned by the Bombay Stock Exchange and Computershare (ASX: CPU), the globe’s largest registrar and employee share plan provider, announce the launch of specialised Shareholder Identification services for listed companies across India.
Thanks to the unique partnership formed between MarketPlace Tech Infra Services and Computershare, companies across India will now be able to better manage their corporate actions, AGMs and EGMs, armed with the latest information on the underlying Foreign Institutional Investors (FIIs) in their company.
Currently, it is difficult for listed entities to understand exactly who their ultimate FII shareholders are, due to the complex structure of holdings including the difference between publicly available information and the information held directly on the register of shareholders.
The new Shareholder Identification service will provide Indian listed companies with accurate and timely information about their shareholders, including FIIs, enabling them to communicate effectively with them about corporate actions and shareholder meetings and ensuring that they have the right information at the right time.
Speaking at the launch, Shri Ashish kumar Chauhan MD & CEO, BSE said “This Shareholder ID service has been launched in India along with Marketplace Tech Infra Services Pvt. Ltd. (a subsidiary of BSE ) and Computershare. This service will help companies to sharpen their investor relations effort, help them attract global capital flows and develop listed companies’ interactions with their foreign investors. Such initiatives, in a small way, contribute to the larger thrusts by the government to ‘Make in India’ and ‘Skill India’ by strengthening the capital market infrastructure and improving our ability to attract global capital flows”.
James Wong, CEO of Computershare’s business in Asia, said “Clients all around the world are benefitting from our shareholder identification services so it is only right that those in India now also have access to this kind of reporting. We are delighted to be working with MarketPlace Tech Infra Services to provide this opportunity locally.
“Together, we are able to provide critical information to issuers on a regular basis and to help them meet with their largest institutional investors from around the globe, facilitating better outcomes for their corporate actions and shareholder meetings.”
To find out more about Shareholder Identification services for your company, contact : +91 22 22728490; email : info@mkttech.in; Website : www.mkttech.in
About Computershare Limited (CPU)
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialise in corporate trust, mortgage, bankruptcy, class action and utility administration and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world’s leading organisations use us to streamline and maximise the value of relationships with their investors, employees, creditors and customers.
Computershare is represented in all major financial markets and has over 15,000 employees worldwide.
For more information, visit www.computershare.com
For media enquiries, please contact
Lucy Newcombe
Corporate Communications Director
+44 (0)370 7030041
lucy.newcombe@computershare.com
About Marketplace Tech Infra Services Pvt. Ltd
Marketplace Tech Infra Services Pvt. Ltd. is company owned by BSE Ltd. The company provides Software products and solutions to exchanges, capital & commodities markets and financial service companies worldwide.
Software products include trade and settlement systems, risk management systems etc. for Exchanges and Front office & back-office systems for intermediaries.
For more information, visit www.bseindia.com
For media enquiries, please contact
Yatin Padia
Corporate Communication
BSE Limited, P J Towers, Dalal Street, Mumbai -400001, India
T:22 22728516, M:9833010098