BSE Limited — Capital/Financing Update 2023

Nov 10, 2023

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November 10, 2023

To, The Listing Department

National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot No. C/1 G Block, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 051

Symbol: BSE

ISIN: INE118H01025

Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Further investment in India International Exchange (IFSC) Limited (India INX) and India International Clearing corporation (IFSC) Limited (India ICC)

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions, if any, this is to inform you that BSE limited (‘the Company’) will be investing the following amounts in its subsidiaries by way of subscribing to the rights issue:

1. ₹ 22,36,46,959/- ( Rupees Twenty Two Crore Thirty Six Lakhs Forty Six Thousand Nine Hundred Fifty Nine only) in India International Exchange (IFSC) Limited .

2. ₹ 33,88,93,715/- ( Rupees Thirty Three Crores Eighty Eight Lakhs Ninety Three Thousand Seven Hundred And Fifteen Only) India International Clearing corporation (IFSC) Limited .

Details required as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1 /P/CI R/2023/123 dated July 13, 2023 are enclosed as Annexure - A . This is for your information and record.

We request you to kindly take the above on record.

Thanking you,

Yours faithfully,

For BSE Limited

VISHAL Digitally signed by VISHAL KAMALAKS KAMALAKSHA BHAT Date: 2023.11.10 HA BHAT 20:00:13 +05'30'

Vishal Bhat Company Secretary and Compliance Officer

Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number : L67120MH2005PLC155188

BSE - PUBLIC

Annexure – A (Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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PARTICULARS INDIA INTERNATIONAL EXCHANGE (IFSC) INDIA INTERNATIONAL CLEARING
LIMITED CORPORATION (IFSC) LIMITED
Name of the Target India International Exchange (IFSC) Limited India International Clearing corporation
en�ty and details of is an unlisted public company with (IFSC) Limited is an unlisted public
the Target en�ty turnover of ₹ 4,17,76,436 as on March 31, company with turnover of ₹ 1,29,993 as on
(Size & turnover, etc) 2023. March 31, 2023.
Industry to which the Recognized Stock Exchange in Gift IFSC. Recognized Clearing Corporation in Gift
en�ty being acquired IFSC.
belongs
Whether the The current investment falls under the The current investment falls under the
acquisi�on would fall purview of the transac�on with related purview of the transac�on with related
within related party par�es and the transac�on is at arm’s par�es and the transac�on is at arm’s
transac�on(s) and length. length.
whether the
promoter/promoter No, the company does not have any No, the company does not have any
group/ group promoter or promoter group. promoter or promoter group.
companies have any
interest in the
en�ty being
acquired? (if yes,
nature of interest
and details thereof
and whether the
same is done at
“arm’s length”)
Objects and Impact Investment in the equity shares of a Investment in the equity shares of a
of the acquisi�on subsidiary for its growth. The Company’s subsidiary for its growth. The Company’s
(including but not shareholding post this investment will shareholding post this investment will
limited to, disclosure change from 61.93% to 62.51%. change from 59.93% to 59.72%.
of reasons for
acquisi�on of target
en�ty, if its business
is outside the main
line of business of
the listed en�ty);
Brief details of any The Securities Exchange Board of India The Securities Exchange Board of India
governmental or (SEBI) approval vide (SEBI) approval vide
regulatory approvals SEBI/HO/MRD/RAC2/P/OW/2023/41900/1 SEBI/HO/MRD/RAC2/P/OW/2023/41900/1
dated October 11, 2023 dated October 11, 2023.
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Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number : L67120MH2005PLC155188

BSE - PUBLIC

PARTICULARS	INDIA INTERNATIONAL EXCHANGE (IFSC) LIMITED	INDIA INTERNATIONAL CLEARING CORPORATION (IFSC) LIMITED
Indica�ve �me period for comple�on of the acquisi�on;	The acquisi�on and allotment shall be completed tenta�vely on or before November 22, 2023.	The acquisi�on and allotment shall be completed tenta�vely on or before November 22, 2023.
Nature of considera�on - whether cash considera�on or share swap and details of the same	Cash Consideration	Cash Consideration
Cost of acquisi�on and/or price at which shares are acquired	₹ 22,36,46,959/- (Rupees Twenty Two Crore Thirty Six Lakhs Forty Six Thousand Nine Hundred Fifty Nine only) towards subscription of 22,36,46,959 equity shares of face value ₹ 1/- each fully paid up.	₹ 33,88,93,715/- (Rupees Thirty Three Crores Eighty Eight Lakhs Ninety Three Thousand Seven Hundred And Fifteen Only) towards subscription of 33,88,93,715 equity shares of face value ₹ 1/- each fully paid up.
Percentage of shareholding / control acquired and / or number of shares acquired;	22,36,46,959 equity shares of Re. 1/- each to be acquired. Percentage of shareholding post acquisition- 62.51% *	33,88,93,715 equity shares of Re. 1/- each to be acquired. Percentage of shareholding post acquisition- 59.72% *
Brief background about the en�ty acquired in terms of products/line of business acquired, date of incorpora�on, history of last 3 years turnover, country in which the acquired en�ty has presence and any other signifcant informa�on (in brief)	India International Exchange (IFSC) Limited is a public limited company incorporated on September 12, 2016, which has its registered office at GIFT City, Gandhinagar, Gujarat, India. It is a recognized stock exchange operating in IFSC and regulated by International Financial Services Centers Authority (IFSCA). Turnover: FY 20-21 Rs. 1,58,92,360 FY 21-22 Rs. 3,04,88,671 FY 22-23 Rs. 4,17,76,436	India International Clearing Corporation (IFSC) Limited is a public limited company incorporated on September 12, 2016, which has its registered office at GIFT City, Gandhinagar, Gujarat, India. It is a recognized clearing corporation operating in IFSC and regulated by International Financial Services Centers Authority (IFSCA). Turnover: FY 20-21 Rs. 82,888 FY 21-22 Rs. 120,486 FY 22-23 Rs. 1,29,993

• Assuming Rights Issue being fully subscribed

Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number : L67120MH2005PLC155188

BSE - PUBLIC