BSE Limited announced today, December 17, 2025, that its Board of Directors has approved key management re-designations and an investment in a new Section 8 company. Shri Viral Davda, previously Chief Information Officer (CIO), has been re-designated as Chief Technology Officer (CTO), effective from December 17, 2025. This follows an amendment to the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, and an earlier intimation on October 8, 2025. Furthermore, the Board approved the acquisition of 16,000 equity shares, each valued at ₹10, totaling ₹160,000, in a proposed Section 8 company. This company is being jointly promoted by NABARD, SIDBI, NSE, and BSE, with the objective of undertaking activities related to capacity building, social finance, and impact investing under the Social Stock Exchange framework. The total proposed paid-up capital for this venture is ₹400,000. The acquisition is subject to the prior approval of SEBI. Details required as per SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, will be intimated in due course. The Board meeting commenced at 15:30 hours and concluded at 16:30 hours on December 17, 2025. This announcement will be available on the company's website, www.bseindia.com.
