Reliance Industries Ltd. Signs the new Listing Agreement with BSE

BSE is pleased to inform that the process of signing of the revised Listing Agreement as mandated under the newly introduced Listing Regulations notified by SEBI, has been initiated at the BSE, with Reliance Industries Ltd. having signed the new Listing Agreement today.

It is a matter of pride for both, that one of the top companies of the Indian corporate sector has become the first company to sign the new Listing Agreement with Asia’s oldest and the world’s fastest Stock Exchange - BSE.

It may be noted that SEBI had notified the new Listing Regulations from September 2, 2015 and the same are effective from December 1, 2015. As part of the Listing Regulations, SEBI has mandated all existing listed entities to execute a fresh and simplified Listing Agreement with the Stock Exchange where they are listed, within six months of the notification date of September 2, 2015.

BSE expects that all listed companies will strive to ensure that the new Listing Agreement is signed well within the timelines specified by SEBI. 

About BSE

BSE (formerly Bombay Stock Exchange Ltd.) – Established in 1875, BSE, is Asia’s first Stock Exchange and now the fastest stock exchange in world with the speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian Capital Markets. BSE is a corporatized and demutualised entity, with a broad shareholder-base and includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending & borrowing. BSE also has a dedicated platform for trading in equities of small-and-medium enterprises (SME).

BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian Capital Markets and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, the wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on. BSE platform provides full novation guaranteeing the settlement of all bonafide trades executed on the BSE Platform. BSE Institute Ltd, a fully owned subsidiary of BSE, runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), a subsidiary of BSE and is one of the two central depository services in India.