BSE unveils new logo on its 149th foundation day
BSE, Asia’s oldest stock exchange, on Monday launched a new logo on its 149th foundation day. Formerly known as the Bombay Stock Exchange, the premier Indian bourse BSE and its benchmark index S&P BSE Sensex is the face of the Indian capital markets.
BSE was established in 1875 as ‘The Native Share & Stock Brokers' Association’ under a banyan tree in Mumbai’s Dalal Street. Over the past century, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform. In 2017, BSE became the first listed stock exchange of India.
It provides a market for trading in equity, currencies, debt instruments, derivatives, mutual funds. On July 6, the board of directors of BSE Ltd approved share buyback worth up to ₹374.80 crore at ₹816 per share.
The buyback will be done through a tender offer and the record date will be decided by the buyback committee, the company informed in a regulatory filing. At 12:40 pm, the shares of BSE were trading 0.95% lower at ₹700.65 apiece on the National Stock Exchange.
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