The Renewal of the Recognition of the Bhubaneswar Stock Exchange Limited. - S.O. No.806(E) - SEBI/LE/66481/06

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<h1>SEBI Renews Bhubaneswar Stock Exchange Recognition for One Year u/s 4, Pending Guarantee Fund Approval.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of Bhubaneswar Stock Exchange Limited for one year, from June 5, 2006, to June 4, 2007. This decision, made under Section 4 of the Securities Contracts (Regulation) Act, 1956, is deemed beneficial for trade and public interest. The renewal is contingent upon the exchange obtaining final approval from SEBI for the establishment of a Settlement Guarantee Fund or Trade Guarantee Fund.

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