BSE-(Bombay Stock Exchange)BSE-(Bombay Stock Exchange)

FROM: Taruna G. DalwalaFROM: Taruna G. Dalwala

To: Mrs. Rutvi UmrigarTo: Mrs. Rutvi Umrigar

Board of DirectorsBoard of Directors Non-Executive Chairman --Non-Executive Chairman --Mr. Mr.

JagdishJagdish CapoorCapoor

Managing Director & Chief Managing Director & Chief Executive Officer --Executive Officer --Mr.Madhu Mr.Madhu Kannan Kannan

Vision

"Emerge as the premier Indian stock exchange by establishing global benchmarks"

introductionintroduction

historyhistory The origine of the BSE dates back to The origine of the BSE dates back to

1875.1875. It was organized under the name of “The It was organized under the name of “The

Native Stock & Share Brokers Native Stock & Share Brokers Association” as a voluntary & non-profit Association” as a voluntary & non-profit making association.making association.

It was recognized on a permanent basis It was recognized on a permanent basis in 1957.in 1957.

Today, BSE is the world's number 1 Today, BSE is the world's number 1 exchange in terms of the number of listed exchange in terms of the number of listed companies and the world's 5th in companies and the world's 5th in transaction numbers. transaction numbers.

The market capitalization as on December The market capitalization as on December 31, 2007 stood at USD 1.79 trillion . 31, 2007 stood at USD 1.79 trillion .

An investor can choose from more than An investor can choose from more than 4,700 listed companies, which for easy 4,700 listed companies, which for easy reference, are classified into A, B, S, T and reference, are classified into A, B, S, T and Z groups.Z groups.

The SENSEX is constructed on a 'free-The SENSEX is constructed on a 'free-float' methodology.float' methodology.

It has a nation-wide reach with a presence It has a nation-wide reach with a presence in more than 359 cities and towns of India. in more than 359 cities and towns of India.

BSE is the first exchange in India and the BSE is the first exchange in India and the second in the world to obtain an ISO second in the world to obtain an ISO 9001:2000 certification. 9001:2000 certification.

BSE continues to innovate ,In recent times, BSE continues to innovate ,In recent times, it has become the first national level stock it has become the first national level stock exchange to launch its website in Gujarati exchange to launch its website in Gujarati and Hindi to reach out to a larger number of and Hindi to reach out to a larger number of investors. investors.

BSE calculate 20 indices and disseminates BSE calculate 20 indices and disseminates these every 15 seconds.these every 15 seconds.

Objective of BSEObjective of BSE1.1. To safeguard the interest of investing To safeguard the interest of investing

public having dealings on the exchange.public having dealings on the exchange.

2.2. To establish & promote honorable & just To establish & promote honorable & just practices in securities’ transaction.practices in securities’ transaction.

3.3. To promote , develop & maintain well To promote , develop & maintain well regulated market for dealing in securities.regulated market for dealing in securities.

4.4. To promote industrial development in the To promote industrial development in the country through efficient souces.country through efficient souces.

Trading in BSETrading in BSE In march 1995, BSE introduced screen In march 1995, BSE introduced screen

based trading called BOLT(BSE On Line based trading called BOLT(BSE On Line Trading)Trading)

The BSE On-line Trading (BOLT):The BSE On-line Trading (BOLT): BSE On- BSE On-line Trading (BOLT) facilitates on-line screen line Trading (BOLT) facilitates on-line screen based trading in securities. BOLT is currently based trading in securities. BOLT is currently operating in 25,000 Trader Workstations operating in 25,000 Trader Workstations located across over 359 cities in India.located across over 359 cities in India.

It is designed to get best bids and offers It is designed to get best bids and offers from jobbars’ book as well as the best from jobbars’ book as well as the best buy & sell orders from the order book.buy & sell orders from the order book.

BOLT has a nation wide network.BOLT has a nation wide network.

Trading Work Station are connected with the Trading Work Station are connected with the main computer at Mumbai through WAN.main computer at Mumbai through WAN.

The capacity is 5,00,000 trades per day i.e. 6 The capacity is 5,00,000 trades per day i.e. 6 hours from 9:30 A.M. to 3:30 P.M.hours from 9:30 A.M. to 3:30 P.M.

After getting specific approval from SEBI, After getting specific approval from SEBI, BOLT connection have been installed in BOLT connection have been installed in Ahmadabad, Rajkot, Puna, Vadodara, & Ahmadabad, Rajkot, Puna, Vadodara, & Kolkata.Kolkata.

The number of Scrips on BSE was 4,702 in The number of Scrips on BSE was 4,702 in March & has increased to 5,853 in March 1998.March & has increased to 5,853 in March 1998.

BSEWEBX.com:BSEWEBX.com: In February 2001, BSE In February 2001, BSE introduced the world's first centralized introduced the world's first centralized exchange-based Internet trading system, exchange-based Internet trading system, BSEWEBX.com. This initiative enables BSEWEBX.com. This initiative enables investors anywhere in the world to trade investors anywhere in the world to trade on the BSE platform.on the BSE platform.