BSE Limited has invested ₹41.28 crore in its subsidiary, India International Exchange (India INX), through a rights issue under the Overseas Direct Investment route. This move raises BSE’s shareholding to 65.27% and aims to support India INX’s operations and new strategic initiatives at GIFT IFSC.
BSE Limited announced that its Board has approved the infusion of additional funds into its wholly owned subsidiary, India International Exchange (India INX). The exchange subscribed to India INX’s rights issue worth ₹41.28 crore to bolster the subsidiary’s financial foundation and support strategic expansion at GIFT City’s IFSC.
Following this investment, BSE’s stake in India INX will increase to 65.27%. The rights issue was completed via cash consideration through the Overseas Direct Investment route. SEBI granted its approval for the transaction on August 1, 2025 (vide SEBI/HO/MRD/RAC2/P/OW/2025/20650/1). The allotment of shares is expected to be concluded by January 11, 2026.
India INX, incorporated in September 2016, reported a turnover of ₹3.54 crore for FY25. The exchange, regulated by the International Financial Services Centre Authority (IFSCA), is India’s first international exchange, enabling global trading in securities from GIFT IFSC.
Notable Updates:
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Investment amount: ₹41,28,31,438 via rights issue
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Post-investment shareholding: 65.27%
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Consideration type: Cash
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SEBI approval dated: August 1, 2025
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Expected completion: January 11, 2026
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Turnover (FY25): ₹3.54 crore
Sources: NSE Circular, BSE Corporate Filing