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    <title>Eligibility criteria for introduction of derivatives on shares</title>
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    <description>Exchanges may introduce derivatives on shares that satisfy the eligibility criteria in the Circular dated July 16, 2004 irrespective of the shares&#039; date of listing or size of the issue; the earlier arrangement linking introduction at listing to a specified net public offer threshold is superseded. The circular is issued under sub section (1) of section 11 of the SEBI Act to protect investors and to promote and regulate the securities market.</description>
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