street and it was inaugurated in 1899. Thus, the Stock Exchange at Bombaywas consolidated.
The Stock Exchange, Mumbai, popularly known as
was establishedin 1875 as
It is theoldest one in Asia, even older than the Tokyo Stock Exchange, which wasestablished in 1878. It is a voluntary non-profit making Association of Persons (AOP) and is currently engaged in the process of converting itself into demutualised and corporate entity. It is the first Stock Exchange in theCountry to have obtained permanent recognition in 1956 from the Govt. of India under the Securities Contracts (Regulation) Act, 1956.