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of <h1>Government Recognizes Multiple Stock Exchanges Across India Under Section 2(39), Including Bombay and National Stock Exchange.</h1> The Central Government, in accordance with clause (39) of section 2, has officially recognized several stock exchanges across India. These include the Stock Exchange in Bombay, Calcutta Stock Exchange Association Ltd., Madras Stock Exchange Ltd., and others in Ahmedabad, New Delhi, Indore, Bangalore, Hyderabad, Ernakulam, Kanpur, Pune, Ludhiana, Gauhati, Mangalore, Patna, Jaipur, Bhubaneswar, Rajkot, Vadodara, and Coimbatore. Additionally, the OTC Exchange of India, the National Stock Exchange of India Ltd., and MCX Stock Exchange Limited have been recognized. This notification was initially issued on December 21, 1989, with subsequent updates in 1990, 1993, 1994, and 1995.
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