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of <h1>SEBI Grants Permanent Recognition to National Stock Exchange of India u/s 4 of Securities Contracts Act.</h1> The Securities and Exchange Board of India (SEBI) has granted the National Stock Exchange of India Limited, located in Mumbai, a permanent renewal of recognition under Section 4 of the Securities Contracts (Regulation) Act, 1956. This decision, effective from April 26, 2008, follows an application made under Section 3 of the same Act. SEBI determined that this renewal is beneficial for both trade and public interest, subject to any future conditions that may be imposed.
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