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of <h1>Securities Regulations Limit Stock Exchange Ownership in Clearing Corporations to Ensure Diverse Control and Cap Foreign Influence</h1> The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, stipulate that recognized clearing corporations must have at least 51% of their paid-up equity share capital held by one or more recognized stock exchanges. No single stock exchange or group acting in concert can hold more than 15% in multiple clearing corporations. Indian residents, excluding recognized stock exchanges, are limited to 5% ownership, with exceptions for certain financial entities up to 15%. Non-residents are similarly limited to 5%, with specific foreign entities allowed up to 15%. Overall foreign ownership is capped at 49% of the total paid-up equity share capital.
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