A view of Calcutta Stock Exchange.
(CIRCA 1994)
| Picture Credit score:
PARTH SANYAL
After the West Bengal authorities proposed to assist the revival of the 118-year-old Calcutta Stock Exchange, a board meeting of the bourse is predicted to happen this month.
In his Funds speech, Finance Minister Swapan Dasgupta stated the Calcutta Stock Exchange (CSE) is on the verge of closure attributable to a number of hurdles, and the State authorities proposed to assist its revival to reclaim Kolkata’s place as a monetary capital.
“It’s a very welcoming resolution taken by the West Bengal authorities. All of us need to see that the CSE restarts its operation. We can be holding a board meet this month to debate the choice of the federal government. Following this, applicable recommendation can be despatched to SEBI,” Deepankar Bose, public curiosity director, Calcutta Stock Exchange informed businessline.
“The Calcutta Stock Exchange can resume its operation solely after its regulator, SEBI, conveys its approval,” Bose added.
Buying and selling at CSE, considered one of India’s oldest bourses, was suspended by SEBI in April, 2013, following regulatory non-compliance. CSE members continued to commerce immediately on the Nationwide Stock Exchange (NSE) platform via the native bourse. Nonetheless, this service stopped in 2024.
The Calcutta Stock Exchange utilized for a voluntary exit from inventory trade operations in February, 2025. It’s nonetheless pending with SEBI and ultimate orders haven’t but been handed.
CSE at the moment has internet price of over ₹100 crore, which is a regulatory requirement for a regional bourse.
“The Calcutta Stock Exchange, an 118-year previous establishment is on the verge of closure attributable to a number of authorized hurdles. My authorities proposes to assist the revival of the Calcutta Stock Exchange in order to reclaim Kolkata’s place as a monetary capital. The revival of the Calcutta Stock Exchange would have multifarious benefits, together with simpler entry to capital for Jap India, decrease prices of itemizing and buying and selling and create new jobs,” the Finance Minister stated within the West Bengal Meeting on Monday.
Tabling the State Funds of over ₹4.38 lakh crore for the monetary yr 2026-27, Dasgupta stated an endeavor can be taken for itemizing revenue making State Public Sector Undertakings (SPSUs) on public inventory exchanges which is able to profit the State by elevating capital via disinvestment, unlocking hidden company worth.
In response to business sources, revival of the Calcutta Stock Exchange would assist a variety of mid-sized firms and MSME models in West Bengal and in Jap India entry the capital market for elevating funds for their enlargement. It is going to assist employment technology within the area.
“In West Bengal and in Jap India, there are a variety of MSME models which want Rs 50-100 crore capital for progress. MSME models typically don’t need to go to BSE or NSE due to value components, amongst different causes. The Calcutta Stock Exchange could be aggressive for these models for elevating required capital,” stated an business observer.
Revealed on June 23, 2026
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