Phiroze Jeejeebhoy Towers

The Phiroze Jeejeebhoy Towers, popularly known by its original name of BSE Towers, is a 29-storey building in downtown Mumbai on Dalal Street, near its intersection with the Mumbai Samachar Marg. The building is owned and occupied by the Bombay Stock Exchange (BSE).

History

Prior to 1928, the Bombay Stock Exchange (BSE) operated out of a building near the Town Hall. The present site near Horniman Circle was acquired by the exchange in 1928, and a building was constructed and occupied in 1930. The street on which the site is located came to be called Dalal Street in Hindi (English: Broker Street) due to the location of the exchange.

Construction of the current towers began in the late 1970s, with the building completed and occupied by the BSE in 1980. It was initially called BSE Towers. Soon after occupation, following the death of Sir Phiroze Jamshedji Jeejeebhoy, chairman of the BSE since 1966, the building was renamed in his memory.

At the time of its completion, it was the tallest building in India, although it has since lost that claim to newer buildings.

The building was a target of the 1993 Bombay bombings. The first of the 13 bomb blasts occurred at 13:25 hours on 12 March 1993 in the basement garage of the building. Almost 50 brokers and traders were killed and 30 cars were destroyed in the attack. BSE secures a trademark for its iconic building Phiroze Jeejeebhoy Towers at Dalal Street in Mumbai.

Text imported from Wikipedia article "Phiroze Jeejeebhoy Towers" and modified on July 23, 2019 according to the CC-BY-SA 4.0 International license.