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Our Bureau

Kolkata, Aug. 28

BK and KK Birla group outfits Kesoram Industries and Texmaco Ltd have picked up 1.7 per cent and 1 per cent stake respectively in the Calcutta Stock Exchange, which completed it de-mutualisation process on Tuesday after SEBI approval.

Some 3.22 lakh fresh shares were allotted among 25 corporate applicants on pro-rata basis, as the portion marked for them was oversubscribed.

Apart from BSE, which picked up 5 per cent stake, and the Birla companies, others included Kokata-based Imami, Patton International, Hindusthan National Glass and WB Infrastrutural Finance Corporation, a State Government agency.

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