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Mangalore stock exchange Limited (MGSE) was located in
Mangalore Mangaluru (), formerly called Mangalore ( ), is a major industrial port city in the Indian state of Karnataka and on the west coast of India. It is located between the Laccadive Sea and the Western Ghats about west of Bengaluru, the st ...
,
Karnataka Karnataka ( ) is a States and union territories of India, state in the southwestern region of India. It was Unification of Karnataka, formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, 1956, States Re ...
,
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
. It is under the ownership of
Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...
,
Government of India The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union t ...
. It was incorporated on 31 July 1984 as a public limited company. The Exchange was recognised by the Central Government for an initial period of 5 years on 9 September 1985 under section 4 of the Securities Contracts (Regulation) Act, 1956 and later on the period of recognition was extended by one year, from 9 September 1990 to 8 September 1991. The last recognition was valid up to 8 September 2003. On 31 August 2004,
SEBI The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance within the Government of India. It was established on 12 April 1988 a ...
decided to derecognize the Mangalore Stock Exchange. Chief Minister S.M. Krishna laid the foundation stone for the new building of the Mangalore Stock Exchange (MgSE) at Kulur on Sept 28, 2001. The MgSE has been granted of land by the state government.


See also

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List of stock exchanges in the Commonwealth of Nations This is a list of active stock exchanges in the Commonwealth of Nations (Full Members). The Commonwealth of Nations features member-states located on all major continents and represents almost one-third of the Earth's population. Some states ha ...
*
List of South Asian stock exchanges This is a list of Asian stock exchanges. In the Asian region, there are multiple stock exchanges. As of 2025, the top 10 major stock exchanges in Asia as per market capitalisation are listed below. * Shanghai Stock Exchange, China * Tokyo Stoc ...
*
National Stock Exchange of India National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the List of stock exchanges, 5th largest stock exchange in the world by total market capitalization, ...


References

Former stock exchanges in India 1984 establishments in Karnataka Financial services companies established in 1984 Indian companies established in 1984 {{Mangalore-geo-stub