MUMBAI, Feb 10 (PTI): Market regulator Sebi today allowed Bhubaneswar
Stock Exchange (BhSE) to exit from the stock exchange business, after it
settled its liabilities and complied with the necessary conditions.
The Securities and Exchange Board of India (Sebi) said the BhSE has substantially complied with the conditions for its exit as per the regulator's framework and therefore "is a fit case to allow exit."
In an exit order in this regard, Sebi said BhSE complied with the regulator's exit guidelines and made payment of necessary dues to the regulator, including 10 per cent of the listing fee and the annual regulatory fee.
The Securities and Exchange Board of India (Sebi) said the BhSE has substantially complied with the conditions for its exit as per the regulator's framework and therefore "is a fit case to allow exit."
In an exit order in this regard, Sebi said BhSE complied with the regulator's exit guidelines and made payment of necessary dues to the regulator, including 10 per cent of the listing fee and the annual regulatory fee.
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