Kolkata’s historic Calcutta Stock Exchange (CSE), one of India’s oldest bourses, is gearing up to celebrate its last Kali Puja and Diwali as a working exchange on October 20. The move comes as the exchange edges closer to a voluntary exit after years of legal battles and regulatory challenges. Trading at the CSE was suspended in April 2013 by Sebi over non-compliance with regulations. For over a decade, the exchange tried to restart operations and challenge Sebi’s directives in court. Now, it has decided to wind down its stock exchange business. "Approval has also been obtained from the shareholders vide EGM dated April 25, 2025 relating to the exit of the stock exchange business. Accordingly, CSE submitted the exit application to SEBI, which has, in turn, appointed a valuation age

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