Coimbatore Stock Exchange

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Coimbatore Stock Exchange Limited, (CSE) was a stock exchange in Coimbatore, India. It was granted recognition as a stock exchange by the Securities and Exchange Board of India (SEBI) in 1991. [1]

In 1999, the exchange had refrained from restraining its members from furnishing unlimited personal guarantee to other exchanges. [2]

The Exchange had failed to renew its licence with the SEBI in 2006, and in 2009, it made a formal request to the board to exit the trading business in 2009. [1]

Prior to it becoming defunct, 170 companies were listed on the exchange. [3] The exchange became dormant in the early 2000s due to the advent of online trading on larger stock exchanges. [4]

See also

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References

  1. 1 2 "SEBI allows exit of Coimbatore Stock Exchange as bourse". The Hindu. 4 April 2013. Retrieved 3 February 2014.
  2. "Coimbatore SE members allowed to furnish personal guarantee". Coimbatore. The Indian Express. 20 June 1997. Archived from the original on 21 February 2014. Retrieved 3 February 2014.
  3. Vijaykumar, Arun (30 March 2018). "Sebi seeks more time to mull battleground Coimbatore stock exchange's future". Pune. Economic Times. Archived from the original on 21 February 2014. Retrieved 3 February 2014.
  4. R Y, Narayanan (5 January 2005). "Hopes on revival of Coimbatore bourse". Coimbatore. The Hindu . Retrieved 3 February 2014.