Vadodara Stock Exchange or VSE is located in the city of Vadodara in Western India. It was established in 1990 at Baroda. It is the third largest stock exchange in the state of Gujarat after Ahmedabad and Rajkot. It is recognized by the Securities Contract (Regulations) Act of 1956 as a permanent stock exchange.
From a humble beginnings in 1986 as the Vadodara Stock Brokers' Association comprising of 150 members, it was incorporated in January 22 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 was only 85 sub-brokers registered.
Board of Directors of Vadodara Stock Exchange Limited
1.1 Shri Sudhir N. Shah
1.2 Shri Parimal D. Nathwani
1.3 Shri Jayant Sanghvi
1.4 Shri Krupesh Patel
1.5 Shri Mukundbhai Patel
1.6 Shri Rajesh G. Sampat
1.7 Shri Ketan B. Shah
1.8 Shri Nitin H. Parikh
1.9 Shri Deepak H. Modi
1.10 Shri Nilkanth R. Jani
1.11 Shri CA Y. K. Shukla
1.12 Shri Dipak Raval
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