Renewal of recognition to Bhubaneswar Stock Exchange, Bhubaneswar. - S.O. No.687(E) - SEBI/LE/39873/2005

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<h1>SEBI renews Bhubaneswar Stock Exchange recognition for one year with conditions on Settlement Guarantee Fund approval.</h1> The Securities and Exchange Board of India (SEBI) has granted the Bhubaneswar Stock Exchange a renewal of recognition for one year, from June 5, 2005, to June 4, 2006, under the Securities Contracts (Regulation) Act, 1956. This decision was made in the interest of trade and public welfare. 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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