Company Secretary body joins BSE for investor education

In order to spread awareness and knowledge of financial market among investors, especially those living in small towns and remote locations, Western India Regional Council of ICSI (ICSI-WIRC) announced that it would collaborate with Bombay Stock Exchange (BSE) and Ministry of Corporate Affairs (MCA) to conduct a series of 100 investor awareness programmes in a short span of three months across the western region of India.

Mr. Mahavir Lunawat, Chairman of ICSI-Western India Regional Council (WIRC), said "Over the years, Western Regional Council has taken various initiatives towards growth and development of the profession and this is one of our initiatives to spread knowledge of the financial market among the investor community across the region. We hope many investors spread across small towns and remote locations in the western region will avail of the opportunity to gain knowledge about the financial market through these programmes."

This announcement was made on the eve of WIRC's 41st anniversary day. The programme was inaugurated by Chief Guest, Shri. P. K. Malhotra, Acting Presiding Officer SAT; Guest of Honour Shri. S. M. A. Millath, Regional Director, MCA; Guest of Honour Shri. Ashish Chauhan, Interim CEO, BSE; Shri. S.N. Anathasubramanian, Vice President, ICSI; Shri. B. Narasimhan,Central Council Member, ICSI; Shri. Mahavir Lunawat, Chairman, WIRC-ICSI. It was followed by deliberations on various emerging and relevant topics such as Stock Market- Investor's perspective and SME listing, Capital Market - Existing Scenario, Challenges and Way Forward, Company Secretaries- an Emerging Profession by eminent speakers.

Announcing the launch of the investor awareness programme, Mr. S M A Millath, Regional Director, Ministry of Corporate Affairs said, "The decision to conduct 100 investor programmes in a short span of 3 months was exciting. Through these programmes, we will be able to reach out to investors who live in small towns and remote locations, and do not have easy access to information. These investors will be able to gain valuable insight and knowledge about how the financial market operates in India."

These investor awareness programmes will be conducted through different universities and colleges across Maharashtra and Goa. Some of the areas identified in Maharashtra are Pune, Sangali, Kolhapur, Sindhudurg, Ahmednagar, Aurangabad, Nasik, Jalgaon, Dhule, Nadurbaug, Beed, Parbhani, Latur, Nanded, Usmanabad, Hingoli, Amravati, Akola, Buldhana, Washin, Nagpur, Wardha, Yavatmal, Chandrapur and Gondhia.

"This is a unique initiative, which will go a long way in helping us reach the investor community spread across the western region. We aim to reach across the maximum number of people in small towns and spread financial literacy through these investor programmes", Mr. Ashish Chauhan, Interim CEO, Bombay Stock Exchange, said.

Source : Equity Bulls

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