BSE Limited has executed a Share Purchase Agreement on May 2, 2025, to divest its entire 100% stake in its wholly-owned subsidiary, BSE Institute Limited (BIL), to AV Financial Experts Network Private Limited.

• The total consideration for the sale is ₹ 16,90,00,000/- (Rupees Sixteen Crores ninety lakhs only).
• The transaction is subject to the fulfilment of pre-closing obligations.
• The expected date of completion is on or before May 31, 2025.
• For the financial year ended March 31, 2024, BIL contributed ₹ 25,00,63,571 (1.55%) to BSE's turnover and ₹ 59,01,70,917 (1.79%) to BSE's net worth.
• For the financial year ended March 31, 2025, BIL's turnover was ₹ 28,80,93,913 and net worth was ₹ 52,24,13,750. Note that BIL's net worth as of March 31, 2025, reflects a reduction of ₹ 49 Crore due to the repayment of share capital to BSE Limited on April 8, 2025, following an NCLT order.
• The buyer, AV Financial Experts Network Private Limited, does not belong to the promoter/promoter group/group companies of BSE.
• The transaction does not fall within the ambit of a related party transaction.