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<h1>SEBI Grants One-Year Recognition to MCX Stock Exchange Under Securities Contracts Act; Compliance Required by September 2009.</h1> The Securities and Exchange Board of India (SEBI) has granted recognition to MCX Stock Exchange Limited for a one-year period from September 16, 2008, to September 15, 2009. This recognition, under the Securities Contracts (Regulation) Act, 1956, is in the interest of trade and public welfare. The Exchange is required to comply with the Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulation, 2006, within one year, along with any other conditions prescribed by SEBI.