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BSE Shareholders approve BSE-USE merger

BSE Shareholders approve BSE-USE merger

Mumbai, Oct 22 (IBNS) The proposed scheme of amalgamation between United Stock Exchange of India Limited (USE) and BSE Limited (BSE) and their respective shareholders and creditors under sections 391 to 394 of the Companies Act, 1956 (Scheme) which provides for the amalgamation of USE with BSE was approved by the requisite majority of the equity shareholders of BSE Limited in the Court Convened Meeting held on Oct 20.

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    BSE Shareholders approve BSE-USE merger Wed, Oct 22 2014