METROPOLITAN STOCK EXCHANGE Unlisted Shares
METROPOLITAN STOCK EXCHANGE
Metropolitan Stock Exchange of India Limited (MSE) is appreciate by Securities and Exchange Board of India (SEBI) under Section 4 of Securities Contracts (Regulation) Act, 1956. The Exchange was notice as a “recognized stock exchange” under Section 2(39) of the Companies Act, 1956 by Ministry of Corporate Affairs, Govt. of India, on December 21, 2012.
For your kind information Shareholders of the Exchange include India’s top public sector banks, private sector banks and domestic financial institutions who, together hold over 88% stake in the Exchange. MSE is apply to CAG Audit and has an independent professional management.
Best practices and regulatory essential, clearing and settlement of trades done on the Exchange are conducted through a separate clearing corporation − Metropolitan Clearing Corporation of India Ltd.