BSE to Sell Entire 100% Stake in BSE Institute Limited

BSE Limited, India’s leading stock exchange, has officially announced the execution of a Share Purchase Agreement (SPA) for the complete divestment of its wholly owned subsidiary, BSE Institute Limited (BIL). This strategic move marks a significant development in BSE’s corporate operations and financial structuring.

Details of the Stake Sale

The agreement for the sale of a 100% stake in BIL was executed on Friday, 2nd May 2025. The buyer, AV Financial Experts Network Private Limited, is not associated with BSE’s promoter or group companies. The sale, not falling under related party transactions, ensures an arm’s length commercial engagement.

The total consideration for this divestment is ₹16.90 crores. The sale is expected to be completed on or before 31st May 2025, contingent upon the fulfilment of pre-closing obligations. BSE clarified that this transaction does not form part of a slump sale or a scheme of arrangement.

Financial Contribution and Impact

As per records, BIL contributed ₹28.80 crores in turnover and had a net worth of ₹52.24 crores as of 31st March 2025. Notably, pursuant to a National Company Law Tribunal (NCLT) order, BIL reduced its equity share capital by ₹49 crores, resulting in a repayment of the same amount to BSE Limited.

Despite being a wholly owned subsidiary, BIL’s contribution to BSE’s total revenue and net worth was marginal, accounting for just 1.55% and 1.79% respectively in the financial year ending 31st March 2024. This indicates that the divestment is unlikely to have a substantial impact on BSE’s consolidated financials.

Read More: BSE Seeks SEBI Approval to Introduce Monthly Derivative Contracts on Additional Indices

BSE Share Performance 

As of May 05, 2025, at 10:15 AM, BSE share price is trading at ₹6,359.00 per share, reflecting a surge of 0.83% from the previous closing price. Over the past month, the stock has surged by 22.70%.

Conclusion

BSE Limited’s divestment of BSE Institute Limited signifies a deliberate restructuring move aimed at refining its operational focus. With the stake sale now formalised, the company transitions out of direct involvement in the education and training sector under BIL.

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