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of <h1>SEBI Extends Supersession of Uttar Pradesh Stock Exchange Board to March 2006 for Reforms and Elections Completion.</h1> The Securities and Exchange Board of India (SEBI) has extended the supersession of the Governing Board of the Uttar Pradesh Stock Exchange Association Limited until March 31, 2006. This decision follows the initial extension granted on December 30, 2004, which was set to expire on July 11, 2005. The extension allows for the completion of corrective measures, election processes, and the corporatisation and demutualisation of the Exchange. Shri M.N. Sabharwal, IPS (Retd.), will continue as the Administrator, exercising all powers and duties of the Governing Board, with the authority to seek necessary assistance.
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