Media Release

Media Release

 

BSE Investors’ Protection Fund (BSE IPF) organised first physical Investors’ Awareness Program in association with SEBI, Ministry of Finance and CDSL under the aegis of AZADI KA AMRIT MAHOTSAV to celebrate 75 years of India’s Independence.

 

Mumbai, October 18, 2021: BSE Investors Protection Fund (BSE IPF) in co-ordination with SEBI and CDSL and under the aegis of the Ministry of Finance conducted first physical seminar on Investor Awareness at Chennai on October 16, 2021, under the  “Azadi Ka Amrit Mahotsav”  series. This is the first of a series of programs planned to celebrate 75 years of India’s independence and promote Investor Awareness and Education to achieve financial independence.

 

Shri G. Mahalingam, Whole Time Member (WTM) SEBI was the Chief Guest at the program where Shri N. Hariharan, CGM SEBI, Shri B. Rajendran, Regional Director,  SRO SEBI, CS Shri Khushro Bulsara, Head - BSE IPF and Shri. Yogesh Kundnani, Vice President, CDSL were the other dignitaries who spoke at the event. Since the program was conducted with a limited number of investors physically present to strictly follow Covid-19 guidelines issued by the authorities, it was also streamed LIVE on YouTube.

 

At the event, Shri Mahalingam also launched a special initiative by BSE IPF and Ms Priya Agarwal of Vibgyor Education on website www.pledgecertificate.com where investors in India and all over the world, can create personalised Certificate of Pledge by adopting qualities of a prudent investor and pledge to achieve financial independence. Already, over 11,000 investors have created their own Pledge Certificates and are sharing on various social media.

 

Speaking at the event, Shri G. Mahalingam, WTM SEBI, said “Investors should observe maximum due diligence while investing in stock market and should not be carried away by the stories of unrealistic gains being made by someone else. One should invest by taking into consideration his/her own risk appetite and before investing in market should invest time in studying the fundamentals.”

 

Shri Khushro Bulsara, Head- BSE IPF said “SEBI has in recent times introduced various measures such as e-KYC for opening of trading and demat accounts, pledge mechanism of securities for margin, interoperability amongst Clearing Corporations, shortening the period for blocking of investors funds from 6 to 4 days in IPOs etc., that has resulted in large number of investors entering the capital market and taking India’s market capitalisation to the 5th largest in the world.”

 

 

About BSE

BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock 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 base that includes the leading global exchange- Deutsche Bourse, as a strategic partner. 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, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. ICCL is the only clearing corporation in India to have been granted "AAA" rating by two rating agencies, India Ratings Ltd. (Indian arm of Fitch Ratings) and Care Ratings Ltd. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), associate company of BSE, is one of the two Depositories in India. 

 

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.

 

 

Media Contact:

Yatin Padia / Rahul Vyas/ Shruti Nitesh/Mihir Dani

022 2272 8516 / 2272 8472/ 8108000974/ 77380 12080

Yatin.padia@bseindia.com/ Rahul.vyas@indiainx.com/ shruti.nitesh@adfactorspr.com/ Mihir.dani@adfactorspr.com