BSE Share Price Today :There was a huge fall in the shares of Bombay Stock Exchange (BSE) today (BSE Stock Crash Today)Is being seen. Today the stock fell intraday by about 19 percent and reached the level of Rs 2612. This decline has come due to the action taken by market regulator SEBI regarding regulatory fees. Let us tell you that since its listing in the year 2017, there had never been such a huge decline in BSE stock in a single day.
In fact, market regulator SEBI pays BSE a regulatory fee on the annual trade fee calculated on the basis of notional value of option contracts.Regulatory Feessaid to give (SEBI Action on BSEIs. After which a decline is being seen in the stock. Earlier, BSE used to calculate its annual turnover on the basis of premium value of option contracts.
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In its letter, market regulator SEBI has said that since the introduction of derivative contracts, BSE has been paying regulatory fees on the annual turnover, which is on the premium value for options contracts instead of the notional value.
165 crore rupees have to be paid
SEBI has asked BSE to pay about Rs 165 crore as differential fee. Out of this, Rs 69 crore is for financial year 2007 to financial year 2023. Whereas for the financial year 2024 it is around Rs 96 crore. BSE will have to pay the regulatory fees within 30 days of the end of the financial year. Multi Commodity Exchange of India or MCX company also has to pay about Rs 4.43 crore as differential fee.
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What did BSE say in the filing
BSE said in an exchange filing on Sunday that the claims made in the market regulator’s letter are currently being evaluated. If it is confirmed that the said amount is payable, the total differential SEBI regulatory fees for the previous period i.e. FY 2006-07 to FY 2022-23 will be Rs 68.64 crore + GST, which also includes interest of Rs 30.34 crore. Is.
BSE said that the deadline to pay SEBI regulatory fees for FY 2024 was April 30. The amount payable, calculated on the basis of premium turnover, was Rs 1.66 crore plus GST, and the company has already settled this amount. However, if liable, the SEBI regulatory fee for the year could be Rs 96.30 crore plus GST.