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of <h1>SEBI Renews Vadodara Stock Exchange Recognition for Two Years, Subject to Compliance with 2003 Inspection Report.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of the Vadodara Stock Exchange Limited for two years, from January 4, 2005, to January 3, 2007. This decision, made under the Securities Contracts (Regulation) Act, 1956, is in the interest of trade and public welfare. The renewal is contingent upon the Vadodara Stock Exchange fully implementing the suggestions and observations detailed in an inspection report communicated in December 2003.
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