Coimbatore Stock Exchange Explained

Coimbatore Stock Exchange Limited, (CSE) was a stock exchange in Coimbatore, India.It was granted recognition as a stock exchange by the Securities and Exchange Board of India (SEBI) in 1991.^[1]

In 1999, the exchange had refrained from restraining its members from furnishing unlimited personal guarantee to other exchanges.^[2]

The Exchange had failed to renew its licence with the SEBI in 2006, and in 2009, it made a formal request to the board to exit the trading business in 2009.

Prior to it becoming defunct, 170 companies were listed on the exchange.^[3] The exchange became dormant in the early 2000s due to the advent of online trading on larger stock exchanges.^[4]

See also

• List of South Asian stock exchanges
• List of stock exchanges in the Commonwealth of Nations

Notes and References

1. News: SEBI allows exit of Coimbatore Stock Exchange as bourse . 4 April 2013 . . 3 Feb 2014.
2. News: Coimbatore SE members allowed to furnish personal guarantee . 20 June 1997 . . Coimbatore . 3 Feb 2014 . https://web.archive.org/web/20140221205231/http://expressindia.indianexpress.com/fe/daily/19970621/17255663.html . 21 February 2014 . dead .
3. News: Sebi seeks more time to mull battleground Coimbatore stock exchange’s future . Arun. Vijaykumar. 30 March 2018 . Economic Times. Pune. 3 Feb 2014.
4. News: Hopes on revival of Coimbatore bourse . Narayanan . R Y . 5 January 2005. The Hindu. Coimbatore. 3 Feb 2014.