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<h1>SEBI Renews Magadh Stock Exchange Recognition for One Year Under Securities Contracts (Regulation) Act, 1956.</h1> The Securities and Exchange Board of India (SEBI) has granted the renewal of recognition to the Magadh Stock Exchange Association, Patna, under the Securities Contracts (Regulation) Act, 1956. This renewal is effective for one year, starting from December 11, 1999, and ending on December 10, 2000. The decision was made after considering the application and determining that it serves both trade and public interests. The renewal is subject to the conditions that have already been prescribed.