Shareholding limits for recognised stock exchanges restrict resident and foreign holders and bar clearing corporations from holding interest. Shareholding in recognised stock exchanges requires majority public ownership; resident persons and persons acting in concert face individual holding caps, with specified institutional categories permitted a higher institutional ceiling. Foreign persons are separately capped on individual and combined holdings and foreign portfolio investors may acquire exchange shares only via the secondary market, with acquisition routes clarified for listed and unlisted exchanges. Clearing corporations are prohibited from holding any right, stake or interest in a recognised stock exchange.