Leading stock exchange BSE today opened its regional investor service centre in Shimla as part of its efforts to expand its operations and in line with Sebi's directives.
With the opening of the new service centre, the exchange now has presence in 24 cities across the country.
The centre will facilitate query handling, redressal of grievances against trading members and arbitration mechanism.
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"The services centre will also play a pivotal role in enhancing and maintaining investors faith and confidence by resolving their grievances," it added.
The Securities and Exchange Board of India (Sebi) in July 2013 had asked bourses to increase the number of investor service centres, with a view to extending reach of arbitration facilities to the investors.
Among other, BSE centres are available in Mumbai, Delhi, Chennai, Bengaluru, Goa, Guwahati Bhubaneswar Kochi and Dehradun.
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