BSE Ltd, formerly known as the Bombay Stock Exchange, is a crucial player in India’s financial markets and among the world’s fastest stock exchanges. Since Mr Sundararaman Ramamurthy took over as Managing Director and Chief Executive Officer in January 2023, BSE has achieved significant progress in brand repurposing, product diversification, technological upgrades, and boosting employee morale and investor confidence. The relaunch of the equity derivatives segment has been particularly noteworthy, as BSE increased its market share from 0 percent to 25 percent within 21 months, setting multiple records and becoming the second-largest derivatives exchange globally, according to the Futures Industry Association report. The exchange has also enhanced its mutual fund infrastructure through the STAR MF platform, which processed a peak monthly demand of 53 million orders in FY25, up from 44 million in FY24 and 26 million in FY23. Additionally, BSE expanded its index business by acquiring S&P Dow Jones Indices' stake in Asia Index Private Limited, making it a wholly owned subsidiary. This acquisition strengthens BSE’s position in the index business, further diversifying its offerings. BSE is committed to maintaining employee morale, boosting investor confidence, and delivering growth by leveraging technology, pursuing ambitious goals, and fostering a vibrant workforce. It continues to attract foreign investors and strengthen ties with global market participants, cementing its leadership in India’s evolving financial markets. The CFI.co Judging Panel congratulates BSE Ltd on winning the 2024 award for Champions of Capital Market Innovation and Efficiency (Asia).