Unlisted Shares Surge on Calcutta Exchange Amid Revival Hopes

Calcutta Exchange’s Unlisted Shares Double on Revival Hopes

Shares of the Calcutta Stock Exchange Ltd. or CSE, have more than doubled on the unlisted market in the past three months as efforts to revive the long-dormant bourse gather momentum.

By Rajesh Mascarenhas

Calcutta exchange’s unlisted shares double on revival hopes

Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The exchange is seeking to pause its voluntary exit process and explore opportunities across equities, derivatives, bonds, currencies and commodities, though any revival will require regulatory approvals and potential anchor investors.