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BOI Shareholding Ltd

( Wholly Owned Subsidiary Of Bank Of India )

Our Company, BOI Shareholding Ltd., was incorporated in the year 1989 with a capital of Rs. 2 crores. The company was formed as a joint venture with Bank of India and Bombay Stock Exchange Ltd with 51% and 49% of stake holding, respectively. On 11.01.2016, with the consent of BSE Ltd., Bank of India purchased 49% stake of the company by executing an agreement. With the purchase of stake by the Bank, the company has become a wholly owned subsidiary of Bank of India.


The current activities, which the company undertakes are; the Depository Participant activities for NSDL-DP & CDSL-DP and collection of Broker Turnover Stamp Duty for the states of Maharashtra, New Delhi, Tamil Nadu, Gujarat and Telangana. Company is in the process of adding some more states in its panel for the collection of Stamp Duty.


  

Brief Background Of The Company

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