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of <h1>SEBI Renews U.P. Stock Exchange Recognition for One Year; Trading Requires Fulfillment of Regulatory Conditions.</h1> The Securities and Exchange Board of India (SEBI) has granted the U.P. Stock Exchange Limited a renewal of recognition for one year, effective from June 3, 2011, to June 2, 2012. This decision, made under the Securities Contracts (Regulation) Act, 1956, is in the interest of trade and public welfare. The Exchange must commence trading only after fulfilling all regulatory requirements set by SEBI and adhere to any additional conditions that may be imposed by SEBI.
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