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<h1>Stock exchanges must submit annual reports to SEBI by January 31st, detailing key changes and financials.</h1> Every recognized stock exchange must submit an annual report to the Securities and Exchange Board of India (SEBI) by January 31st or within an extended period allowed by SEBI. This report should detail changes in rules, governing body composition, sub-committees, member admissions or resignations, disciplinary actions, dispute arbitrations, defaults, emergency trade actions, and securities listings. Additionally, within one month of its annual general meeting, each exchange must provide SEBI with its audited balance sheet and profit and loss account for the previous financial year.