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of <h1>SEBI Extends Recognition of Inter-connected Stock Exchange in Navi Mumbai for One Year Under Securities Contracts Act.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of the Inter-connected Stock Exchange of India Limited, based in Navi Mumbai, for one year, from November 18, 2012, to November 17, 2013. This decision, made under the Securities Contracts (Regulation) Act, 1956, is deemed to be in the interest of trade and public. The Exchange must adhere to all regulatory requirements and any additional conditions prescribed by SEBI to commence trading in securities.
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