About Us

The Stock Exchange of Mauritius Ltd (SEM) holds 51% of the Ordinary share capital of the Central Depository & Settlement Co. Ltd (CDS). 

The principal activities of the SEM, as defined by its Constitution, are: 1) to operate and maintain a securities exchange in accordance with law; 2) to provide facilities for the buying and selling and otherwise dealing in securities on a securities exchange; 3) to provide and maintain, to the satisfaction of the Financial Services Commission (FSC) adequate and properly equipped premises for the conduct of its business; and 4)  to have operating rules for the markets it operates pursuant to law.

The principal activities of its Subsidiary Company, in accordance with the Securities (Central Depository and Settlement Act)1996, are to provide depository, clearing and settlement services in order to facilitate dealings in securities on the Exchange.

The Stock Exchange of Mauritius Ltd (SEM) is a demutualised Exchange and is constituted as a public company. SEM's Board is the focal point of the corporate governance system and is ultimately accountable and responsible for the performance and affairs of the Company.  In accordance with its Articles, the Board of the SEM has delegated authority for the implementation of Board decisions and day-to-day management of the SEM to the Chief Executive and the Management team.