BSE is to have its AGM on July 15 to discuss the Financial Statements
BSE in its communication said that it will hold the 19th AGM on July 15th to discuss the Financial statements among other issues.
by Damodharan N
Updated Jun 22, 2024
Table of Content
BSE Limited has announced that its Nineteenth Annual General Meeting (AGM) will take place on Monday, July 15, 2024, at 3:00 p.m. (IST) via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
The agenda includes the consideration and adoption of the Audited Financial Statements, including the Audited Consolidated Financial Statements, for the Financial Year ended March 31, 2024. Additionally, shareholders will deliberate on declaring a final dividend of ` 15.00 per equity share for the same period.
The meeting will also address the re-appointment of a director in place of Shri Jagannath Mukkavilli, Non-Independent Director, who retires by rotation and offers himself for re-appointment, pending approval from the Securities and Exchange Board of India (SEBI).
Read the full Notice
BSE Annual Report 2023-24
BSE Released the Annual Report along with AGM notice for the investors. some of the main highlights are given below
Major Events
A. Material Changes: The company received a directive from SEBI on April 26, 2024, regarding regulatory fees for option contracts since FY 2006-07. This resulted in a provision of ₹16,977 lakhs in the current period.
B. Change in Nature of Business: There were no changes in the company's business nature during FY 2023-24.
C. Regulatory Orders: No significant regulatory or court orders were passed against the company during FY 2023-24.
Share Capital
Under the BSE Demutualisation Scheme, some trading members' entitlements to equity shares remain pending as of March 31, 2024, due to various reasons. Corporate benefits, including dividends, are provided for these shares.
Indian Economic Outlook
I. Economic Performance: India's real GDP grew by 7.7% in H1 of FY 2023-24, supported by strong consumption and investment. The RBI raised its full-year growth forecast to 7%, with significant contributions from manufacturing and services sectors.
II. Economic Prospects: For FY 2024-25, India's GDP growth was revised upward to 8.2%. This reflects robust economic resilience, driven by sectors like manufacturing and construction, despite challenges in the agricultural sector due to adverse weather.
The financial statements for the 2023-24
Particulars |
Standalone |
Consolidated |
Total revenue |
1,29,180 |
1,61,790 |
Total expenses |
87,733 |
1,10,082 |
Profit before exceptional items and tax |
41,447 |
51,708 |
Exceptional items (income) |
50,417 |
40,662 |
Profit before tax and share of profits of associates |
91,864 |
92,370 |
Share of profits of associates |
- |
7,182 |
Profit before tax |
91,864 |
99,552 |
Tax expenses |
16,525 |
22,386 |
Net profit for the year |
75,339 |
77,166 |
Net profit attributable to Shareholders of the Company |
75,339 |
77,839 |
Net profit attributable to non-controlling interest |
- |
(673) |
Other comprehensive income |
67 |
321 |
Total comprehensive income for the year |
75,406 |
77,487 |
Total comprehensive income attributable to Shareholders of the Company |
75,406 |
78,039 |
Total comprehensive income attributable to non-controlling interest |
- |
(552) |
Basic and diluted EPS before exceptional items (₹) |
20.99 |
29.91 |
Basic and diluted EPS after exceptional items (₹) |
54.84 |
56.66 |
Here is the link to the document: Here
BSE
Established in 1875, BSE, formerly known as the Bombay Stock Exchange, holds the distinction of being Asia's oldest stock exchange and is renowned globally for its role in India's financial markets.
Over its 143-year history, BSE has evolved into a pivotal institution that facilitates efficient capital-raising opportunities for the Indian corporate sector. As the first listed stock exchange in India since 2017, BSE operates with unparalleled speed, executing trades in just 6 microseconds, and offers a comprehensive platform for trading in equities, currencies, debt instruments, derivatives, and mutual funds.
BSE's influence extends beyond traditional stock trading, encompassing segments like BSE SME, India's largest platform for small and medium enterprises with over 250 listed companies, and BSE StAR MF, the country's leading online mutual fund platform processing millions of transactions monthly.
The exchange's commitment to innovation is evident in initiatives such as BSE Bond, which has raised significant capital through its transparent electronic book mechanism. Furthermore, BSE has expanded its footprint with India INX, the country's first international exchange located at GIFT City IFSC, Ahmedabad, aligning with the government of India's vision for enhancing India's global financial integration.
BSE is to have its AGM on July 15 to discuss the financial statements - FAQs
1. What is BSE?
BSE, established in 1875, is Asia's oldest stock exchange and a key player in India's financial markets.
2. What does BSE offer?
BSE provides a platform for trading in stocks (equities), currencies, debt instruments, derivatives, and mutual funds.
3. What is BSE SME?
BSE SME is India's largest platform for small and medium enterprises, with over 250 companies listed.
4. What is BSE StAR MF?
BSE StAR MF is India's top online mutual fund platform, processing millions of transactions monthly.
5. What is BSE Bond?
BSE Bond facilitates private placement of debt securities using a transparent electronic book mechanism, raising significant capital.
6. Where is India INX located?
India INX is India's first international exchange, situated at GIFT City IFSC in Ahmedabad.
7. What is BSE Sensex?
BSE Sensex is India's most widely tracked stock market benchmark index.
8. Who owns BSE?
BSE is publicly listed and operates independently in the financial market.
9. What is BSE Institute Ltd.?
BSE Institute Ltd. is a subsidiary that offers capital market educational programs.
10. When was BSE listed as the first stock exchange in India?
BSE became the first listed stock exchange in India in 2017.