BRIEF HISTORY

U.P. Stock Exchange Limited (Formerly known as The U.P.Stock Exchange Association Ltd., Kanpur) occupies a very prominent place among the existing Stock Exchanges in India. The Exchange was inaugurated on 27th August, 1982 by the then Finance Minister Shri Pranab Mukherjee. Right from its inception it has been playing a very prominent role in the development of capital market of Northern India. U.P. Stock Exchange is the only Stock Exchange in whole of Uttar Pradesh and the membership of this Stock Exchange is not restricted to the territories of Uttar Pradesh only. Initially it had 350 members which has now increased to 540 members belonging to almost all important cities of the country. Members living outside Kanpur has contributed a lot by creating the equity cult in whole of the Uttar Pradesh. Not only this the members are highly qualified and professional and devoted to the cause of capital formation in the country.

The Exchange was initially started in the rented building but with the efforts of our members, a new complex was constructed and was inaugurated by His Excellency Shri R Venkataraman the then President of India on 8th February, 1989.

At present we have 843 companies listed with the total capitalization of Rs.81184 Crores. The annual turnover of this Exchange for the last three years are : 1998-99 : 18429 Crores, 1999-2000 : 23876 Crores and 2000-01 : 25112 Crores. Thus every year we have increased our turnover creating more and more awareness among the people of Northern India.
This Stock Exchange is wedded to the investors protection and investors education as we have firm conviction that any investor protection cannot be achieved without proper awareness and education of investors. Thus the Exchange has a very active investor service Cell and also a very equipped Research and Development Wing is functioning. We have also a very effective system of readdressing the investors complaints.

The Exchange has one of the best developed Exchanges of the country so far its infrastructure is concerned. The Ex-Finance Minister Dr. Manmohan Singh, Ex-Commerce Minister Shri Pranab Mukherjee, other Central Ministers and Chief Ministers Uttar Pradesh have visited this Exchange and appreciated its efforts in maintaining the transparency and the integrity of the market. To keep pace of changing technology the Exchange has embarked upon the Project of Screen Based Trading. The On-line Trading based on VECTOR Software supplied by CMC has commenced on UPSE from 11th November 1997.

To increase the further business and to facilitate the On-line trading facility to about 22 members at Lucknow an additional trading floor has been established at Lucknow. At present at the Additional Trading Floor at Lucknow 22 Lucknow based members have been allotted Computer Terminals which have been connected with UPSE main Server via VSAT.

As per recent decision of SEBI for the revival of the smaller Stock Exchanges in the country, they can obtain the membership of big Stock Exchanges like, BSE, NSE, CSE etc. through forming a subsidiary company of the Exchange and in turn the members of the Exchange can trade through the said subsidiary as sub-broker(s).

Accordingly we have incorporated a wholly owned subsidiary namely UPSE Securities Ltd. and obtained the membership of BSE to enable the members of UPSE on BOLT.

LIST OF CHAIRMAN SINCE MARCH 31, 2008
S/No	NAME	DATE OF APPOINTMENT	DATE OF CESSATION
01	Mr. K.D.GUPTA	31.03.2008	07.11.2009
02	Mr. ASHOK SHARMA	07.11.2009	23.10.2010
03	Mr. K.D.GUPTA	23.10.2010	CONTINUE....
LIST OF PRESIDENTS SINCE JUNE 15, 1982

S/No	NAME	DATE OF APPOINTMENT	DATE OF CESSATION
01	Dr. G.H.SINGHANIA	15.06.1982	20.05.1985
02	Dr. K.B.AGARWAL	20.05.1985	19.12.1990
03	Mr. P.K.JAIN	19.12.1990	20.11.1992
04	Mr. G.L. JHANWAR	20.11.1992	06.10.1993
05	Dr. K.B.AGARWAL	06.10.1993	15.10.1994
06	Dr. G.H.SINGHANIA	15.10.1994	21.12.1996
07	Mr. R.K.TANDON	21.12.1996	22.11.1997
08	Mr. D.D. SARDA	22.11.1997	26.09.1998
09	Mr. T.N.BANSAL	26.09.1998	14.04.1999
10	Mr. HARI KRISHAN GARG	14.04.1999	18.12.1999
11	Mr. R.K.AGARWAL	18.12.1999	06.11.2000
12	Mr. S.K.MAHESHWARI	07.11.2000	22.12.2001
13	Mr. HARI KRISHAN GARG	22.12.2001	12.07.2002

LIST OF VICE-PRESIDENTS SINCE JUNE 15, 1982
S/No	NAME	DATE OF APPOINTMENT	DATE OF CESSATION
01	Dr. K.B.AGARWAL	15.06.1982	20.05.1985
02	Mr. P.K.JAIN	20.05.1985	19.12.1990
03	Mr. G.L.JHANWAR	19.12.1990	20.11.1992
04	Mr. D.D.SARDA	20.11.1992	15.10.1994
05	Mr. R.K.TANDON	15.10.1994	21.12.1996
06	Mr. HARI KRISHAN GARG	21.12.1996	22.11.1997
07	Mr. T.N.BANSAL	22.11.1997	26.09.1998
08	Dr. SUDHIR AGARWAL	26.09.1998	14.04.1999
09	Mr. R.K.AGARWAL	14.04.1999	18.12.1999
10	Mr. AVINASH KHANDELWAL	18.12.1999	11.04.2001
11	Mr. SATISH CHANDRA GUPTA	11.04.2001	12.07.2002