Renewal of recognition to Bhubaneswar Stock Exchange Limited. - LAD-NRO/GN/2008/07/125770 - SEBI

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 16 th May, 2008 No. LAD-NRO/GN/2008/07/125770.- The Securities and Exchange Board of India, having considered the application for renewal of recognition made under Section 3 of the Securities Contracts (Regulation) Act, 1956 by Bhubaneswar Stock Exchange Limited having its registered office at Stock Exchange Bhawan, P-2, Jayadev Vihar, P.O. Chandrasekharpur, Bhubaneswar-751023 and being satisfied that it would be in the interest of the trade and also in the public interest so to do, hereby grants, in exercise of the powers conferred by Section 4 of the Securities Contracts (Regulation) Act, 1956, renewal of recognition to the said Exchange under Section 4 of the said Act for a period of one year commencing on the 5th day of June, 2008 and ending on the 4th day of June, 2009 in respect of contracts in securities subject to the conditions stated herein below or as may be prescribed or imposed hereafter :- The Exchange shall commence trading only after obtaining final approval from SEBI for establishment of the Settlement Guarantee Fund or Trade Guarantee Fund. T.C. NAIR, Whole-time Member [ADVT. III/4/69 ZB/08 Exty.]