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Vadodara Stock Exchange (VSE) was a stock exchange located in the city ofVadodara, and fully owned byGovernment of India[1] inWestern India.[2] It was established in 1990 atVadodara. It is the only existing stock exchange in the state ofGujarat along withAhmedabad.[2] It is recognized by the Securities Contract (Regulations) Act of 1956 as a permanent stock exchange.[3]
From a humble beginning in 1986 with the Vadodara Stock Brokers' Association having 150 members, it was incorporated on 22 January 1990 as Vadodara Stock Exchange Limited. By 1999, the exchange had a total of 321 brokers, of which 65 were corporate brokers, 253 were proprietor brokers, and 3 were partnership brokers. Then, there were only 85 sub-brokers registered.[3]
22°18′29″N73°11′09″E / 22.3080°N 73.1858°E /22.3080; 73.1858