Renewal of Recognition to OTC Exchange of India, Mumbai. - LAD-NRO/GN/2008/21/135361

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<h1>SEBI Renews OTC Exchange of India Recognition for One Year Under Securities Contracts Act, Effective August 2008-August 2009.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of the OTC Exchange of India, located in Mumbai, for a period of one year. This renewal, granted under the Securities Contracts (Regulation) Act, 1956, is effective from August 23, 2008, to August 22, 2009. The decision was made in the interest of trade and public interest, allowing the exchange to continue operating contracts in securities, subject to any conditions that may be prescribed or imposed in the future.

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