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<h1>SEBI Extends Bhubaneswar Stock Exchange Administrator's Tenure by Six Months to Oversee Reforms and New Council Formation.</h1> The Securities and Exchange Board of India (SEBI) has extended the tenure of the Administrator for the Bhubaneswar Stock Exchange for an additional six months starting January 3, 2005. This decision follows the initial supersession of the Council of Management, which began on July 3, 2004. The extension allows the Administrator to continue implementing corrective measures, oversee the election and formation of a new Council, and facilitate the corporatisation and demutualisation processes. The Administrator is authorized to seek assistance as needed to fulfill these duties.