<p> “We have applied for Sebi licence and are expecting approval shortly. We plan to roll-out the SME exchange in the second-half of this year once we receive the necessary clearances,” Managing Director & CEO Madhu Kannan told PTI here.<br /><br />BSE plans to start a separate platform for SMEs to enable the latter to raise money from the market. <br /><br />The National Stock Exchange (NSE) and privately-promoted MCX SX, have also applied for Securities & Exchange Board of India’s (Sebi) permission to launch SME exchanges last June.<br />“We are ready with all necessary infrastructure to launch the exchange. We are also in talks with some merchant bankers and brokers for their feedback,” Kannan said.</p>
<p> “We have applied for Sebi licence and are expecting approval shortly. We plan to roll-out the SME exchange in the second-half of this year once we receive the necessary clearances,” Managing Director & CEO Madhu Kannan told PTI here.<br /><br />BSE plans to start a separate platform for SMEs to enable the latter to raise money from the market. <br /><br />The National Stock Exchange (NSE) and privately-promoted MCX SX, have also applied for Securities & Exchange Board of India’s (Sebi) permission to launch SME exchanges last June.<br />“We are ready with all necessary infrastructure to launch the exchange. We are also in talks with some merchant bankers and brokers for their feedback,” Kannan said.</p>