The Bengal government is proposing a revival plan for the Calcutta Stock Exchange (CSE), which has been inactive for more than a decade. Multiple outlets report that CSE’s trading remains suspended after the Securities and Exchange Board of India (SEBI) took action in April 2013 over regulatory non-compliance. Since then, the exchange has been involved in legal and regulatory processes related to its status as a stock exchange.
NDTV reports that after years of proceedings with SEBI, the exchange applied in February 2025 for voluntary exit from its stock exchange status. Other reports say the proposed revival is part of the state’s budget-related announcements, with the Bengal government looking to bring in private investments as part of the effort to restart activity at the exchange.
Business Line says CSE’s board meeting is scheduled for this month following the revival proposal, indicating that internal governance steps are underway as the plan moves forward. The revival discussion also recalls that CSE was founded in 1908 and was once among India’s major exchanges, though it has not been operating as a functional trading venue since 2013.
