Mumbai, 25th January, 2022: BSE, India’s premier stock exchange, today signed an agreement with Shri Vijay Kedia for an exclusive, perpetual, irrevocable, royalty free, worldwide, and transferable license of the Jingle, “BSE Meri Jaan Ho Tum”.
In a ceremony held at BSE at ICH, Shri Kedia has conveyed all rights to the jingle song to BSE for a one-time and all-inclusive fee of INR 1 (Rupee one only) and he shall not owe any future additional royalties or fees for future use of the Jingle.
On the occasion, Shri Vijay Kedia, said “from my first failed attempt in 1989 to become a sub-broker at BSE to today where my voice becomes a part of this great institution, the journey is both overwhelming and an honour.”
On the occasion, Shri Ashishkumar Chauhan, MD & CEO of BSE, said “We thank Shri Kedia for offering us this beautiful jingle. He has been a long term investor in the Capital Markets, and a well-wisher and supporter of the exchange. We are grateful for his kind gesture.”
Speaking on the occasion, Shri Uttam Bagri, former Chairman of Bombay Stock Exchange Brokers Forum, said “This is a wonderful association between BSE and Shri Kedia, and shows the goodwill that exists between the exchange and the investors of the Capital Markets. Truly a song by the market of the market for the market.”
Shri Vijay Kedia, Managing Director of Kedia Securities Pvt. Ltd. is a well-known and successful long term investor of the Indian Capital Markets. In 2016, Shri Kedia was conferred with a doctorate degree. He was ranked 13th on the Business World list of Successful Investors of India and has been described by the Economic Times as a “market master”. Recently, Shri Kedia was given Dr Ambedkar award by hon’ble governor of Maharashtra for his charity work.
Combining his twin passions for singing and Investor Education, Shri Kedia has sung and released more than 10 songs related to Capital Markets with the heartfelt belief that true investor education for the masses has to be in simpler forms, and in manners that touches the heart.
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.
BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure. On October 1, 2018, BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds & Turmeric.
BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE’s systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments.
Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), associate company of BSE, is one of the two Depositories in India.
BSE has set up an Investor Protection Fund (IPF) on July 10, 1986 to meet the claims of investors against defaulter Members, in accordance with the Guidelines issued by the Ministry of Finance, Government of India. BSE Investor Protection Fund is responsible for creating Capital markets related awareness among the investor community in India.