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.
It was established as a public limited company on 31 July 1984. The Exchange received official approval from the Central Government for an initial five-year duration, starting from 9 September 1985, under section 4 of the Securities Contracts (Regulation) Act, 1956, and this recognition was later extended until 8 September 1991.