At a time when small regional bourses are looking for an exit route, the Calcutta Stock Exchange (CSE) is planning to get more companies under its fold.

CSE is aiming to get the companies listed on other regional bourses under its fold, the bourse’s Managing Director and CEO Mr B Madhav Reddy told PTI.

“The Coimbatore Stock Exchange, which has 50 companies listed, is willing to wind up. We have expressed an interest in taking over those companies,” he said.

CSE is the only functional regional bourse out of 19 regional stock exchanges across the country. It is also looking at companies of other regional bourses with some showing interest.

The demand for listing on CSE is expected to increase after the bourse allows the NSE trading platform by the end of November.

“The NSE platform will be ready by November end and we are looking forward to a jump in volumes,” Mr Reddy said.

He said small companies were looking forward to get listed on the CSE to get exposure in the NSE through the permitted securities segment.

“We have initiated several steps like getting NSE trading platform and attracting scrips from other regional bourses.

These measures will help us in increasing the combined turnover to Rs 500 crore from Rs 60-70 crore,” Mr Reddy said.

CSE board member Mr S K Kausik said CSE would unveil a Bengali version of the bourse’s website by the month end.

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