BSE Reports Strong Growth; MMRDA Offers BKC Plot to Exchange
What happened
The exchange reported that its revenue increased 34.1% to Rs 1,432.6 crore and EBITDA rose 42.4% to Rs 984 crore in the second quarter of fiscal year 2027, according to independent reports. The board also approved accepting an offer from Mumbai Metropolitan Region Development Authority for a plot in Bandra Kurla Complex to develop additional premises. Furthermore, the board approved the appointment of Ashutosh Singh as Executive Director – Business.
From indiatimes.com
Why it matters
The financial results indicate strong operational performance for the exchange, while the proposed land transaction with Mumbai Metropolitan Region Development Authority suggests expansion plans in the prime Bandra Kurla Complex area. Life Insurance Corporation of India was noted as the largest shareholder in the exchange as of September 2026.
From indiatimes.com
Who's involved
- Mumbai Metropolitan Region Development AuthorityMumbai Metropolitan Region Development Authority, which proposed the land allotment in Bandra Kurla Complex.
- Life Insurance Corporation of IndiaLife Insurance Corporation of India, which held the largest stake in the exchange as of September 2026.
- Bandra Kurla ComplexBandra Kurla Complex, the location where the exchange is considering acquiring a plot.
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The entities involved
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Bandra Kurla Complex
human settlement in India
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Mumbai Metropolitan Region Development Authority
Indian government agency
Nothing else this week.
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Life Insurance Corporation of India
Indian state-owned insurance group and investment company