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DSE gets 110 applications

Last Updated 04 September 2009, 15:32 IST

 
DSE will become operational soon and trading is expected to commence from next month onwards. DSE’s new deposit based trading membership scheme has received encouraging response from the brokers community .

The membership is being offered against a non-refundable deposit of Rs  5 lakh and one-time admission fee of Rs 1 lakh. DSE is also implementing amnesty scheme to revive trading in inactive stocks and encourage compliance among companies where existing companies would have to comply with the exchange requirements only for two years and a concession up to 50 pc  is being offered on listing fees.

New companies will not be charged initial listing and processing fees. Out of the 2,800 listed companies, 300 have so far complied with the amnesty scheme.

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(Published 04 September 2009, 15:32 IST)

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