Black & White Letterhead Instructions

Regional Director

Circular No. 6 – AM

Dated : 2 June 2015

Changes for growth

27 June, 2015: 0930 Hrs: Taj Bengal, Kolkata

India is on the cusp of becoming an engine for global economic growth. Strong regulatory regime of SEBI, the policy announcements of the new Government and the global economic recovery has built up investors’ confidence resulting in very good performance of the Indian stock market in the last few months, ranking among the world's best performers. Real Estate Investment Trust (REIT) Regulation 2014 and Infrastructure Investment Trust (InvIT) 2014 have resulted positive movement of the market and more benefit is expected in the current year. Alternate Investment Funds (AIFs) introduced in the year 2012 more than doubled during the past year. SEBI has recently issued the regulation for the International Financial Services Centres and the first such centre will be developed in the GIFT City in Gujarat. This will potentially attract billions of dollars of global funds to the country. SEBI is coming out with regulations on Municipal Bonds very shortly and these Bonds will play a very important role in the aspirational ‘100 Smart Cities’ mission of the Government. However, the primary market route and pension fund has to be further encouraged to generate capital to fund and sustain India’s growth.

Against this backdrop, CII Eastern Region is organizing “Financial Market Conclave” on Saturday, 27 June, 2015 at Taj Bengal, Kolkata. The conference will seek to scan the macroeconomic scenario and recent policy changes and how they can impact the financial sector – something all corporate leaders and retail investors closely follow. We have planned the Inaugural Session on Policy and Technical Sessions on Development of Alternate Investment Structure. There will be a debate by market experts on Achche Din of Financial Market?

We have invited Regulators and Policy Makers, renowned Economists, Capital Market Players, Private Equity Players, CEOs of Mutual Fund, Investment Bankers, Heads of Stock Exchange and others. The list includes Mr Talleen Kumar, IAS, Joint Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India; Dr. C K G Nair, Adviser on Capital Markets, Dept of Economic Affairs, Ministry of Finance, Government of India; Mr S V Murali Dhar Rao, Executive Director, Securities and Exchange Board of India ( SEBI); Dr Subhada Rao, Senior President and Chief Economist, Yes Bank; Mr Ashish Chauhan, MD & CEO, BSE Limited; Mr D Ravishankar, Found Director, Brickwork Ratings India Pvt. Ltd.; Mr Jyoti Prakash Gadia, Managing Director, Resurgent India Limited; Mr Atreya Rayaprolu, Co-founder and Director, Intellecap; Mr Ajay Manglunia, Senior VP, Edelweiss Capital; Mr Rakesh Sony, Director, MOPE Investment Advisors Private Ltd; Mr Sudip Bandyopadhyay, MD & CO, Destimoney Securities; Mr Atul Bansal, CFO, Magma Fincorp Ltd; Mr Sanjay Sinha, Founder, Citrus Advisors; and many others.

Target Audience: Corporate including CEOs, Financial heads like CFO, VP Finance and Company Secretaries as well as the high net worth individuals, SMEs.

I am writing to request you to attend this Conclave and also nominate few of your senior colleagues using the enclosed Reply Form.

Regards,

Dr Saugat Mukherjee

Encl : Reply Form