Corporatisation and demutualisation of stock exchanges

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....alisation of stock exchanges. 4A. On and from the appointed date, all recognised stock exchanges (if not corporatised and demutualised before the appointed date) shall be corporatised and demutuali....

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....change may continue as such before such appointed date. Explanation.- For the purposes of this section, "appointed date" means the date which the Securities and Exchange Board of India may, by noti....