Bombay Stock Exchange and the National Stock Exchange to launch a joint portal for investors

Bombay Stock Exchange and the National Stock Exchange to launch a joint portal for investors

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India have announced their plans to launch a joint portal for their investors.

This would provide a unique web based platform for their member companies to file their information.

The two exchanges are currently working on this new platform and it should be available to the members starting next year.

BSE said in a press release on this new development: “In common filing system, a company is required to file only once irrespective of whether it is listed on BSE or NSE. In this portal, information mandatorily required in terms of the listing agreement in respect of companies listed in BSE/ NSE, shall be available at one place. Once operationalized, investors will be able to access at the website the latest filings by any corporate irrespective of the exchange on which the shares of the corporate are listed.”