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About Us

Ludhiana Stock and Capital Limited (Formerly Ludhiana Stock Exchange Limited) was established in 1981, by Sh. S.P. Oswal of Vardhman Group and Sh. B.M. Munjal of Hero Group, leading industrial luminaries, to fulfill a vital need of having a Stock Exchange in the region of Punjab Himachal Pradesh Jammu & Kashmir and Union territory of Chandigarh.

Ludhiana Stock and Capital Limited (Formerly Ludhiana Stock Exchange Limited) was one of the leading Regional Stock Exchange and has been in the forefront of other Stock Exchanges in every spheres, whether it was formation of Subsidiary for providing the platform of trading to investors, for brokers etc. in the era of Screen based trading introduced by National Stock Exchange and Bombay Stock Exchange, entering into the field of Commodities trading or imparting education to the Public at large.

It played an important role in channelising savings into capital for various industrial and commercial units of the state of Punjab and other parts of the country thereby facilitated the mobilization of funds by entrepreneurs from the public which contributed in the overall, economic, industrial and social development of region under its jurisdiction.

Keeping in view the changing Business environments and recent Regulatory guidelines, Shareholders of the Company approved resolution for Voluntary surrender of re-cognition and Exit as an Exchange in the EGM held on 15th July, 2013. SEBI allowed the Exit of Ludhiana Stock Exchange Limited as Stock Exchange, vide EXIT order dated 30.12.2014.

In the light of above and in terms of Clause 3 of SEBI circular no. MRD/DOP/SE/Cir-36/2008 dated December 29, 2008 upon de-recognition of Ludhiana Stock Exchange Ltd, SEBI registration certificates as Trading Members of Exchange stand cancelled. However, SEBI registration certificates of the Trading Members as Sub-Brokers of LSE Securities Limited on NSE and/ or BSE shall continue to be valid. All the Investors of Sub-Brokers shall continue to trade through LSE Securities Limited and avail DP Services without any interruption.

The Company has 295 members out of which 171 are registered with National Stock Exchange as Sub-Broker and 124 with Bombay Stock Exchange as Sub-Brokers through our subsidiary.

  DETAILS OF PRESIDENTS AND VICE PRESIDENTS
Ludhiana Stock and Capital Limited Salutes its President/Chairmen vice Present/Vice Chairman
PRESIDENTS/ CHAIRMEN
Sr. No. Name of the person Tenure
1 Sh. S.P. Oswal 16.08.1983 to 27.07.1986
2 Sh. B.M. Munjal 28.07.1986 to 15.10.1989
3 Sh. V.N. Dhiri 16.10.1989 to 30.10.1992
30.09.1998 to 04.10.2000
4 Sh. G.S. Dhodi 31.10.1992 to 22.12.1993
5 Sh. Jaspal Singh 23.12.1993 to 05.10.1995
01.10.1996 to 29.09.1998
06.10.2001 to 01.07.2002
6 Sh. M.S. Gandhi 06.10.1995 to 30.09.1996
7 Sh. R.C. Singal 05.10.2000 to 05.10.2001
8 Dr. B. B. Tandon 25.06.2007 to 10.12.2007
9 Sh. S.P. Sharma 15.07.2007 to 23.09.2008
10 Sh. Jagmohan Krishan 23.09.2008 to 29.09.2009
11 Prof.  Padam Parkash Kansal 30.09.2009 to 18.08.2012
12 Sh. Joginder Kumar 19.08.2012 to 18.09.2012
13 Sh. Ved Parkash Gaur 18.02.2013 to 30.09.2014
14 Sh. Jagmohan Krishan 18.12.2014 to till date
 
VICE PRESIDENTS/ VICE CHAIRMEN
Sr. No. Name of the person Tenure
1 Sh. Rajinder Verma 14.07.1984 to 08.08.1987
2 Sh. B.K. Arora 09.08.1987 to 15.10.1989
31.10.1992 to 22.12.1993
3 Sh. G.S. Dhodi 28.10.1991 to 30.10.1992
4 Sh. B.S. Sidhu 16.10.1989 to 27.10.1991
23.12.1993 to 05.10.1995
5 Sh. D.P. Gandhi 06.10.1995 to 26.09.1997
6 Sh. M. S. Sarna 27.09.1997 to 29.09.1998
7 Sh. T.S. Thapar 30.09.1998 to 04.10.2000
8 Sh. Tarvinder Dhingra 05.10.2000 to 05.10.2001
9 Dr. Rajiv Kalra 06.10.2001 to 01.07.2002
10 Sh. D.K. Malhotra 25.06.2007 to 10.12.2007
11 Sh. Jagmohan Krishan 15.07.2007 to 23.09.2008
12 Sh./ Ravinder Nath Sethi 23.09.2008 to 08.10.2008
13 Prof.  Padam Parkash Kansal 09.10.2008 to 10.09.2009
14 Sh. Joginder Kumar 30.09.2009 to 18.09.2012
15 Sh. Jaspal Singh 09.01.2015 to till date
 
  BOARD OF DIRECTOR
STRENGTHS OF LSE GROUP
INFRASTRUCTURE AND ASSETS BASE AT LUDHIANA STOCK AND CAPITAL LIMITED
STATUS OF OUR SUBSIDIARY LSE SECURITIES LIMITED
INVESTOR RELATED SERVICES
EDUCATIONAL INITIATIVES OF EXCHANGE