The move formalizes the company’s operational identity under BSE Ltd. and reinforces its role in maintaining India’s most referenced indices.
Asia Index Pvt. Ltd., the firm responsible for designing and maintaining some of the country’s most tracked investment benchmarks, will now operate as BSE Index Services Pvt. Ltd. The change brings its name into full view of what’s long been true internally: the company is wholly owned and governed by BSE Ltd., India’s first stock exchange and the force behind the SENSEX.
The update carries no disruption. Product frameworks, licensing models, and index methodologies remain exactly as they are. But the visibility improves. For institutional investors, index users, asset managers, and data vendors, the name now reflects the structure they already operate under.
Managing Director and CEO Ashutosh Singh said the updated name was overdue. “Everything we deliver has always reflected BSE’s governance. This simply puts the name on it,” he said.
The company will continue to offer indices used across exchange-traded funds, passive funds, structured notes, mandates, and benchmark-sensitive portfolios. Its catalog includes market-wide indices, sector compositions, thematic baskets, factor-weighted models, and debt market indicators.
BSE Index Services Pvt. Ltd. also remains the authorized publisher and steward of the SENSEX, India’s original equity benchmark.
BSE Ltd., the parent company, is globally recognized for its history and scale. With the largest number of listed companies worldwide, it also runs India’s most diversified marketplace, from equities and debt to mutual funds, derivatives, and corporate listings. The new naming clarity ensures that all parties using indices from this group know exactly who stands behind them.
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Couldn’t agree more. You’ve perfectly articulated my thoughts.
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