CSE Seeks Rs 253 Crore Land Deal Approval
Calcutta Stock Exchange (CSE) seeks shareholder approval to sub-lease its EM Bypass land for Rs 253 crore to Srijan Infrapromoters. Latest updates on CSE exit.
MUMBAI- The Calcutta Stock Exchange (CSE) has initiated the process to sub-lease its prime three-acre land on EM Bypass to Srijan Infrapromoters LLP for ₹253 crore. This major financial move follows recent clearance from SEBI, marking a significant step in the exchange’s exit strategy.
An Extraordinary General Meeting (EGM) is scheduled for January 16, 2026, to secure shareholder consent. The proceeds will be utilized to settle liabilities and transition CSE into a holding company, focusing on new financial avenues like investment banking and stockbroking subsidiaries.
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