BGR Energy to replace Cambridge Solutions on BSE-500 index

MUMBAI: BGR Energy Systems will replace Cambridge Solutions on the BSE-500 index from February 1, according to the Bombay Stock Exchange. In a circular, BSE also said iGate Global Solutions will be excluded from the BSE small-cap index from January 28. The company is being excluded on account of discontinuation of trading and delisting pursuant to the SEBI guidelines. Besides, iGate will be excluded from the S&P CNX 500 index on the National Stock Exchange, another circular said. The BSE-500 index represents nearly 93 per cent of the total market capitalisation on Bombay Stock Exchange and represents all 20 major industries of the economy. Info Edge (India) will replace iGate Global in the index from January 28.