Changes to the S&P BSE Indices
MUMBAI, MARCH 23, 2023:
Mirza International Ltd (Exchange ticker: 526642) is merging into Redtape Ltd as part of restructuring to separate their branded footwear business effective
Wednesday, March 29, 2023.
On account of the above scheme of arrangement, effective
Wednesday, March 29, 2023,
below changes will be made to the following S&P BSE Indices.
|
INDEX
|
DROP
|
|
|
Exchange Ticker
|
Stock Name
|
EFFECTIVE DATE
|
|
S&P BSE Allcap
|
526642
|
Mirza International Ltd
|
March 29, 2023
|
|
S&P BSE Consumer Discretionary
|
|
S&P BSE MidSmallCap
|
|
S&P BSE SmallCap
|
In addition,
with reference to Notice No: 20230322-36,
Global Surfaces Limited
(Exchange ticker –
543829
) is being listed on BSE effective
Thursday, March 23, 2023
. Effective at the open of
Monday, March 27, 2023
, the stock will be added to the below index.
|
INDEX
|
ADD
|
|
|
Exchange Ticker
|
Stock Name
|
EFFECTIVE DATE
|
|
S&P BSE IPO
|
543829
|
Global Surfaces Limited
|
March 27, 2023
|
Also, with reference to Notice No: 20230322-17,
Labelkraft Technologies Limited
(Exchange ticker –
543830
), is being listed on the SME Platform of BSE effective
Thursday, March 23, 2023
. Effective at the open of
Friday, March 24, 2023
, the stock will be added to the below index.
|
INDEX
|
ADD
|
|
|
Exchange Ticker
|
Stock Name
|
EFFECTIVE DATE
|
|
S&P BSE SME IPO
|
543830
|
Labelkraft Technologies Limited
|
March 24, 2023
|
For more information about S&P BSE Indices, please visit
www.asiaindex.co.in
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About BSE
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity 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 (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure. On October 1, 2018, BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds, Almond & Turmeric.
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’s 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 ("ICCL") was incorporated in 2007 as a wholly owned subsidiary of BSE Ltd. ("BSE"). ICCL carries out the functions of clearing, settlement, collateral management and risk management for various segments of BSE such as equity cash market (including BSE SME, offer for sale, securities lending & borrowing, corporate bonds and government securities), equity derivatives segment (stock & index futures and options), currency derivatives (currency (including cross-currency) futures and options, interest rate futures and options), commodity derivatives and debt products, including tri-party repo products. Post the introduction of interoperability, in 2019, ICCL also provides clearing and settlement services for trades executed in the interoperable segments (viz., equity cash market, equity derivatives segment and currency derivatives segment) of BSE as well as other exchanges.
BSE has set up an Investor Protection Fund (IPF) on July 10, 1986 to meet the claims of investors against defaulter Members, in accordance with the framework issued by the Ministry of Finance, Government of India and SEBI. BSE Investor Protection Fund is responsible for creating Capital markets related awareness among the investor community in India.
India International Exchange (IFSC) Limited (India INX) is India’s first international exchange in International Financial Services Centre (IFSC) located at the Gujarat International Finance-Tec City (GIFT City). India INX is a subsidiary of BSE Limited. The Exchange was inaugurated by Hon’ble Prime Minister of India, Shri Narendra Modi, on Jan 09, 2017, and commenced its operations from Jan 16, 2017.
About S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit
www.spglobal.com/spdji
.
Index Services,
March 23, 2023