Renewal of recognition to Cochin Stock Exchange Limited, Cochin - S.O. No.1253(E) - SEBI/LE/25354/2004

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<h1>SEBI Renews Cochin Stock Exchange Recognition for One Year; Trading Conditional on Approved Guarantee Fund Setup.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of Cochin Stock Exchange Limited for a one-year period, from November 8, 2004, to November 7, 2005. 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 commencing trading only after establishing a Settlement Guarantee Fund/Trade Guarantee Fund, which must receive SEBI's approval.

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