Media Release

1062 companies file Shareholding Pattern for quarter ending June, 2015 using BSE XBRL solution                  

Mumbai, July 21, 2015: In keeping with BSE’s policy of adopting state-of-the-art technologies and using them to provide its users and customers a more enriching and satisfying experience, BSE became the first stock exchange in India to introduce and implement XBRL based reporting for Shareholding Pattern w.e.f. 11th June, 2015.

This is one more step by BSE towards a greener world in addition to its initiatives of launching BSE Carbonex and BSE Greenex – two indices aimed at promoting green initiatives by companies.

Companies that would be using XBRL would be adopting global reporting standards that would make reporting easier, faster and more accurate. Till date 1062 companies have adopted the XBRL based reporting for shareholding pattern while submitting the same for quarter ending June, 2015.

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 novation 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
Marketing Communications
yatin.padia@bseindia.com