BSE share price slips amid across-the-board sell-off in market; check recent updates

The company will issue two equity shares of ₹2 each for every fully paid-up equity share of ₹ 2 each held by the shareholders of the company as of the record date, subject to the approval of shareholders through postal ballot.

The company will inform the “record date” for determining the entitlement of the shareholders to receive bonus shares in due course.

At 12:20 PM, shares of BSE were trading at ₹5,454 apiece, falling 0.47%.

The stock exchange took the move following Sebi's consultation paper on the final settlement day (expiry day) for equity derivatives.

In its paper, the capital markets regulator said that the expiries of all equity derivatives contracts of an exchange will be uniformly limited to one of either Tuesdays or Thursdays.

This would provide optimal spacing between expiries across exchanges while avoiding the choice of either the first day of the week or the last day as an expiry day.

Sebi added that the exchanges will now need advance approval from the market regulator for launching or modifying any contract expiry or settlement day.

BSE said its net profit doubled to ₹220 crore for the three months ended December 2024 (Q3 FY25).

It posted a net profit of ₹108.2 crore in the same quarter of the preceding fiscal year, BSE said in a statement.

The exchange recorded its highest-ever quarterly revenue of ₹835.4 crore in the October-December quarter of the financial year 2024-25, a 94% jump from ₹431.4 crore logged in the same period of the preceding fiscal year.

BSE witnessed an average daily turnover of ₹6,800 crore for the quarter under review compared to ₹6,643 crore a year ago.