Overview

• SEBI has appointed Rajvanshi & Associate to conduct the valuation required before granting the exchange’s voluntary exit.
• Shareholders approved the exit at an April 25 EGM following the exchange’s February 18 application to SEBI.
• Upon approval, CSE would convert into a holding company while subsidiary CSE Capital Markets Pvt Ltd continues broking on NSE and BSE.
• The regulator has cleared the Rs 253 crore sale of CSE’s three-acre EM Bypass property to Srijan Group, with execution planned after exit approval.
• CSE completed a Voluntary Retirement Scheme with a Rs 20.95 crore payout, with all employees opting in and some retained on contract for compliance.