Driving change within the Exchange space in Africa

This extension of trading hours is part of the broader set of transformative changes implemented by SEM and CDS to enhance market infrastructure, support the internationalisation of our platform, and move up the value chain of services offered to our stakeholders, namely investors, investment dealers, market-makers, custodians, data distributors, and index providers.

ER Group joined the SEM Sustainability Index (SEMSI) on 13 February 2026, with a score of 78.91%, thereby adding MUR 10+ Billion to SEMSI's market capitalization standing at MUR 240+ Billion. This inclusion positions ER Group among listed issuers recognised for Environmental, Social and Governance (ESG) practices.

The SEM and the CDS are pleased to announce the extension of trading hours in April 2026 and the planned shortening of the settlement cycle to T+2 within one year, to align with global market trends.

The Board of Directors (the “Board”) of the SEM wishes to inform stakeholders that Mr Sunil Benimadhu, Chief Executive of SEM, has announced his intention to retire by July 2026.

Sunil Benimadhu, SEM’s Chief Executive, chaired a panel on the hot topic of 24/7 trading with key representatives of Deutsche Borse, State Street Bank and Hidden Road Partners.