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of <h1>Indian Stock Exchanges Must Get SEBI Approval Before Resuming Trading After 6-Month Inactivity; Compliance Mandatory.</h1> Stock exchanges in India, recognized by the Central Government or SEBI, must obtain prior approval from SEBI before resuming trading if they have been inactive for six months or more. These exchanges must ensure they have adequate trading systems, clearing and settlement systems, monitoring and surveillance mechanisms, and risk management systems in place, complying with all SEBI regulations. Exchanges inactive for less than six months must also meet regulatory requirements and report to SEBI. Compliance with SEBI's Annual Systems Audit circular is required within sixty days of trading resumption. This directive aims to protect investors and regulate the securities market effectively.
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