New Delhi, 22 May (IANS). National Stock Exchange (NSE) MD and CEO Ashish Kumar Chauhan met Union Finance Minister Nirmala Sitharaman and said that the exchange is determined to enable and contribute to their vision and mission.
Chauhan appreciated Finance Minister Sitharaman’s firm leadership, resolution and commitment to the goal of ‘developed India’ in the social media platform X post.
He wrote in the post, “Finance Minister Sitharaman, thank you for your time. India led by Prime Minister Narendra Modi inspires all of us for your strong leadership, resolution and commitment for 2047.”
He further stated that “We are determined to enable and contribute to NSE your vision and mission.”
NSE CEO Chauhan was reacting to the X post by Nirmala Sitharaman’s office, stating “Ashish Kumar Chauhan, NSE MD and CEO, Finance Minister Nirmala Sitharaman.”
Last week, NSE became India’s largest non-list company with over 1,00,000 shareholders. It makes NSE one of the few institutions in the country that have such a large number of investors, as very few listed companies in India have managed to achieve the same level as shareholder Aadhaar.
This spectacular growth in the number of shareholders reflects a strong investor interest in the exchange, which plays an important role in the country’s financial ecosystem.
The NSE has constantly attracted attention due to its important position in India’s security market, a major platform for trade in equity, derivatives and other financial products.
For the financial year ending March 31, NSE recorded an increase in consolidated total income on an annual basis of 17 percent, which reached Rs 19,177 crore. According to its filing, the net profit for the financial year increased by 47 percent to Rs 12,188 crore.
In particular, the exchange contributed Rs 59,798 crore to the Indian treasury in FY 2025 through various fees including Securities Transaction Tax (STT), stamp duty, SEBI fees, income tax and GST.
-IANS
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