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BSE discussions remain inconclusive

Mumbai, July 12

The board of Bombay Stock Exchange on Saturday took up the matter of finding replacements for two of its members who had resigned recently. The issue of BSE’s investment in National Multi-Commodity Exchange was also discussed at the meeting, said Mr Jagdish Capoor, Chairman of BSE. The Bombay Stock Exchange had in February this year, signed an agreement to buy a 26 per cent stake in Ahmedabad-based NMCE. Whether to retain this stake or not is being debated. However, the board did not arrive at any conclusion and may meet again soon, said Mr Capoor. Agencies said BSE’s listing on the stock exchanges was also discussed.

— Our Bureau

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