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of <h1>SEBI Renews Recognition of Inter-connected Stock Exchange of India for Two Years Under Securities Contracts Act.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of the Inter-connected Stock Exchange of India Limited, located in Navi Mumbai, under the Securities Contracts (Regulation) Act, 1956. This renewal is granted for a period of two years, effective from November 18, 2004, to November 17, 2006. The decision was made after considering the application and determining that it serves the interests of trade and the public. The renewal is subject to conditions that may be prescribed or imposed in the future.
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