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2021-08-14T03:23:48Z

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	'''Coimbatore Stock Exchange''' Limited, (CSE) is a defunct stock exchange in [[Coimbatore]], [[India]].		'''Coimbatore Stock Exchange''' Limited, (CSE) is a defunct stock exchange in [[Coimbatore]], [[India]].

>BrownHairedGirl: +Category:Indian companies established in 1991; +Category:Indian companies disestablished in 2009 using HotCat

2021-04-09T10:01:45Z

+Category:Indian companies established in 1991; +Category:Indian companies disestablished in 2009 using HotCat

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{{Use Indian English|date=February 2018}}
{{Use dmy dates|date=February 2018}}
'''Coimbatore Stock Exchange''' Limited, (CSE) is a defunct stock exchange in [[Coimbatore]], [[India]].
It was granted recognition as a [[stock exchange]] by the [[Securities and Exchange Board of India]] (SEBI) in 1991.<ref name="SEBIexit">{{cite news|title=SEBI allows exit of Coimbatore Stock Exchange as bourse |url=http://www.thehindubusinessline.com/markets/sebi-allows-exit-of-coimbatore-stock-exchange-as-bourse/article4581177.ece |date=4 April 2013 |agency=[[The Hindu]] |accessdate=3 Feb 2014}}</ref>

In 1999, the exchange had refrained from restraining its members from furnishing unlimited personal guarantee to other exchanges.<ref name="furnish">{{cite news |title=Coimbatore SE members allowed to furnish personal guarantee |url=http://expressindia.indianexpress.com/fe/daily/19970621/17255663.html |date=20 June 1997 |agency=[[The Indian Express]] |location=Coimbatore |accessdate=3 Feb 2014 |archive-url=https://web.archive.org/web/20140221205231/http://expressindia.indianexpress.com/fe/daily/19970621/17255663.html |archive-date=21 February 2014 |url-status=dead }}</ref>

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.<ref name="SEBIexit" />

Prior to it becoming defunct, 170 companies were listed on the exchange.<ref name="battleground">{{cite news|title=Sebi seeks more time to mull battleground Coimbatore stock exchange’s future |url=http://articles.economictimes.indiatimes.com/2012-03-30/news/31260960_1_coimbatore-stock-exchange-market-regulator-sebi |first=Arun|last=Vijaykumar|date=30 March 2018 |agency=Economic Times|location=Pune|accessdate=3 Feb 2014}}</ref> The exchange became dormant in the early 2000s due to the advent of online trading on larger stock exchanges.<ref name="revivalbourse">{{cite news|title= Hopes on revival of Coimbatore bourse |url=http://www.thehindubusinessline.in/2005/01/06/stories/2005010602530200.htm |first=Narayanan |last=R Y |date=5 January 2005|agency=[[The Hindu]]|location=Coimbatore|accessdate=3 Feb 2014}}</ref>

== See also ==
* [[List of South Asian stock exchanges]]
* [[List of stock exchanges in the Commonwealth of Nations]]

== References ==
{{reflist}}

{{Financial services in India}}
{{Stock exchanges in India}}
{{Coimbatore}}

[[Category:Economy of Coimbatore|Stock Exchange]]
[[Category:Economy of Tamil Nadu]]
[[Category:Former stock exchanges in India]]
[[Category:1991 establishments in Tamil Nadu]]
[[Category:Indian companies established in 1991]]
[[Category:Indian companies disestablished in 2009]]

{{india-econ-stub}}

Coimbatore Stock Exchange - Revision history

imported>Lijoberlin at 03:23, 14 August 2021

>BrownHairedGirl: +Category:Indian companies established in 1991; +Category:Indian companies disestablished in 2009 using HotCat