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of <h1>SEBI Renews OTC Exchange of India's Recognition for One Year u/s 4 of Securities Contracts Act 1956.</h1> The Securities and Exchange Board of India (SEBI) has granted the renewal of recognition to the OTC Exchange of India for one year, starting from August 23, 2005, to August 22, 2006. This decision, made under Section 4 of the Securities Contracts (Regulation) Act, 1956, follows the exchange's application under Section 3 of the same Act. The renewal is deemed to be in the interest of trade and public interest and is subject to any conditions that may be prescribed or imposed.
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