BSE Limited (NSEI:BSE) agreed to acquire remaining 50% stake in Asia Index Private Limited from Spdj Singapore Pte Ltd. for INR 300 million on May 27, 2024. BSE Limited approved the deal. The consideration consists of INR 300 million in cash. As part of the consideration, INR 300 million was paid towards common equity. Prior to the transaction, BSE Limited (NSEI:BSE) held 50%.Asia Index Private Limited reported Total revenues of INR 6.1 billion and Total Common equity of INR 578.2 million on as of March 31, 2024. Transaction is expected to complete on May 31, 2024. Iqbal Khan,Shreya Jain, Pooja Ramchandani and Suruchi Kumar of Shardul Amarchand Mangaldas & Co acted as legal advisor to SPDJ Singapore PTE. Ltd.

BSE Limited (NSEI:BSE) completed the acquisition of remaining 50% stake in Asia Index Private Limited from Spdj Singapore Pte Ltd. on May 31, 2024.