Current Affairs Exam

New Uttar Pradesh companies to get priority in BSE, NSE listings

In a bid to encourage companies from UP to get listed on the stock exchange, additional chief secretary,MSME, Navneet Sehgal on Thursday said that companies set up in the past four years would be prioritised in listing on BombayStock Exchangeand theNational Stock Exchange(NSE).

There are about 55 lakh DEMAT accounts in UP, making it the third highest in the country. Currently, there are eight companies from UP listed on NSE and nine onBSE. This is despite the fact that UP has a high number of electronics, IT, , manufacturing, plastic, leather, agro, food products and garments companies, among others.

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