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<h1>SEBI Extends Ludhiana Stock Exchange Recognition for One Year with Conditions on Investor Grievances and Girnar Fibres.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of the Ludhiana Stock Exchange Association Limited for one year, from April 28, 2005, to April 27, 2006. This decision, made under the Securities Contracts (Regulation) Act, 1956, is deemed beneficial for trade and public interest. The renewal is contingent upon the exchange addressing specific conditions: completing matters related to M/s. Girnar Fibres Limited and its underwriters within a year, resolving investor complaints within six months, and expediting the Investor Grievance Committee's resolutions within six months.