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<h1>SEBI Renews Pune Stock Exchange Recognition for One Year, Requires Addressing Inspection Report Deficiencies by September 2005.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of Pune Stock Exchange Limited for one year, from September 2, 2004, to September 1, 2005. This decision, made under the Securities Contracts (Regulation) Act, 1956, is deemed in the interest of trade and public interest. The renewal is contingent upon the Exchange implementing all unaddressed observations and rectifying deficiencies noted in SEBI's inspection report communicated on July 1, 2004.