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<h1>SEBI Extends Bhubaneswar Stock Exchange Management Supersession Until March 2007; Appoints New Administrator for Transition.</h1> The Securities and Exchange Board of India (SEBI) has extended the supersession of the Council of Management of the Bhubaneswar Stock Exchange Limited for an additional six months, until March 31, 2007. This extension is intended to allow further corrective measures and the completion of the election and constitution of a new Council of Management, as well as the process of demutualization. Following the resignation of the current Administrator, a new Administrator, Shri Vivekananda Pattanayak, I.A.S. (Retd.), has been appointed to manage the Exchange's operations during this period.