BSEL Algo Limited Announces Leadership Change and Q1 FY2026 Financial Results Aug 04, 2025
More news about BSEL Algo
04Aug 25
BSEL Algo Limited Reports Q1 Profit, Appoints New Managing Director
BSEL Algo Limited reported a net profit of Rs 15.07 crore for Q1 2025, compared to a loss of Rs 653.11 crore in the previous quarter. Total income stood at Rs 101.99 crore. The company's main revenue sources are now Algo Trading Gains and API Sales. Mr. Santosh Sambhu Tambe resigned as Managing Director, and Mr. Mohit Kishar Jain was appointed as the new Chairman and Managing Director for a 5-year term, subject to shareholder approval.
26Jun 25
SEBI Slaps ₹2.50 Crore Fine on BSE for Control Lapses and Unfair Information Dissemination
The Securities and Exchange Board of India (SEBI) has levied a ₹2.50 crore fine on the Bombay Stock Exchange (BSE) for significant operational control failures. BSE was found providing preferential access to corporate announcements for paid subscribers before public release, creating an unfair market advantage. Additionally, SEBI noted BSE's negligence in overseeing client code modification norms. This action emphasizes SEBI's commitment to maintaining fair and transparent market practices.
07May 25
BSE Reports Stellar Q4 Performance: Net Profit Surges 358% YoY
BSE announced impressive Q4 FY2024 results with net profit soaring 358% to ₹4.90 billion and revenue up 74% to ₹8.50 billion year-over-year. The exchange declared a dividend of ₹18.00 per share plus a special dividend of ₹5.00. Despite strong Q4 performance, annual figures for FY2024 show declines across key metrics compared to FY2023, with revenue down 26.28% and net profit falling 35.22%.
The Bombay Stock Exchange (BSE) is launching a new block deal window for T+0 settlement cycle securities on May 02. This feature allows same-day settlement for large trades, potentially affecting major stocks like Reliance Industries Limited (RIL). The new system could increase liquidity, reduce settlement risk, and enhance market efficiency for RIL and other eligible securities. This development marks a significant advancement in India's stock market operations, aligning it with global best practices.