The Calcutta Stock Exchange has asked SEBI to withhold its exit application. The move comes after the West Bengal government backed efforts to revive the exchange.
The Calcutta Stock Exchange requested SEBI to withhold its exit application. This follows support from the West Bengal government for reviving the exchange.
The exchange plans to formally withdraw its exit application soon. The state government has communicated its revival proposal to the central government.
CSE faces significant regulatory and technological challenges ahead.
