Metropolitan Stock Exchange

Metropolitan Stock Exchange of India Limited (MSE) is a government owned stock exchange recognized by Securities and Exchange Board of India (SEBI) under Section 4 of Securities Contracts (Regulation) Act, 1956. It is under the ownership of Ministry of Finance , Government of India. The Exchange was notified of a “recognized stock exchange” under Section 2(39) of the Companies Act, 1956 by the Ministry of Corporate Affairs, Govt. of India, on December 21, 2012. The exchange’s shareholders are some of India’s top public sector banks, private sector banks, and domestic financial institutions.
Mr. D K Mehortra, Ex Chairman, Life Insurance Corporation of India Ltd. is the Non-Executive Chairman (Public Interest Director) on the Board. Latika S Kundu took over the reins of the exchange as Managing Director & Chief Executive Officer on 12 March 2020.
Shareholders include public and private sectors banks, Exchange, Financial Institutions and private investors. Some of these shareholders are State Bank of India, Union Bank of India, UCO Bank, Canara Bank, Punjab National Bank, Indian Overseas Bank, Indian Bank, Bank of India, Bank of Baroda, HDFC Bank, Axis Bank, MCX, IL&FS, IFCI and Mr. Radhakishan S Damani, Mr. Siddhartha Balachandran, Mr. Nemish Shah.