Logo of the Ahmedabad Stock Exchange

Ahmedabad Stock Exchange or ASE is the second oldest exchange of India located in the city of Ahmedabad in the western part of the country. It is recognized by Securities Contract (Regulations) Act, 1956 as permanent stock exchange. It has adopted a Swastika in it's logo which is one of the most auspicious symbols of Hinduism depicting wealth and prosperity. Image File history File links Aselogo. ... Image File history File links Aselogo. ... Ahmedabad (Gujarati: અમદાવાદ) or Ahmadābād is the largest city in Gujarat and the 7th largest city in India, with a population of more than 5. ... A right-facing Swastika in decorative Hindu form For the town in Ontario, see Swastika, Ontario. ... Hinduism {Sanskrit - Hindū Dharma, also known as Sanātana (eternal) Dharma and Vaidika (of the Vedas) Dharma} is the religion based on the Vedas as well as other traditional scriptures and beliefs. ...

History

The stock exchange was established as a Public Charitable Trust in 1894 following the establishment of the Bombay Stock Exchange in 1875. Initial functioning of the stock exchange was started under a banyan tree. Earlier the stock exchange functioned under the framework of the Bombay Securities Contracts Act, 1925. Following the The Securities Contract Regulations Act, 1956 the Gujarat Share & Stock Exchange, Indian Share and General Exchange Association and Bombay Share and Stock Exchange, Share and Stock Brokers Association merged with the Ahmedabad Share and Stock Brokers Association and gave rise to ASE as it stands today. The Bombay Stock Exchange The Bombay Stock Exchange Limited (formerly, The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is located at Dalal Street, Mumbai. ... Species Many; see text for examples Banyan (Ficus subgenus Urostigma) is a subgenus of many species of tropical figs with an unusual growth habit. ...

Automation

The stock exchange went live on December 12 1996. Initially, ASE used a system provided by IBM. Since June 1999, ASE operates on Ahmedabad Stock Exchanges' Online Trading System (ASETS). This system was provided to ASE by Tata Consultancy Services Pvt. Ltd. Members of the ASE can also trade on the Bombay Stock Exchange though a system called IBOSS. Today the stock exchange has 333 trading members. December 12 is the 346th day (347th in leap years) of the year in the Gregorian calendar, with 19 days remaining. ... For other uses, see IBM (disambiguation). ... Tata Consultancy Services Limited (TCS) is an Indian information technology, consulting, services and business-process outsourcing organization which commenced operations in 1968. ... The Bombay Stock Exchange The Bombay Stock Exchange Limited (formerly, The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is located at Dalal Street, Mumbai. ...

Current governing board

The governing board of ASE comprises of elected directors as well as directors appointed by SEBI. The governing board meets every 15 days to review the working of the stock Exchange. The executive director is the administrative head of the ASE. Securities and Exchange Board of India (SEBI) is a board (corporate body) appointed by the Government of India in 1992 with its head office at Mumbai. ...

• P.K.Ghosh - Non-Member Director
• Babubhai P. Patel - Non-Member Director
• Yogesh Doshit - Non-Member Director
• Ashok Chhajed - Non-Member Director
• Vijay Ranchan - Non-Member Director
• Manish Bhatt - Non-Member Director
• N. K. Bhola - Sebi Nominee
• G. H. Dalal - Member Director
• Anil Shah - Member Director
• V. V. Rao - Executive Director

External link

• Official website of Ahmedabad Stock Exchange