Renewal of recognition to Coimbatore Stock Exchange Limited, Coimbatore. - S.O. No.961(E) - SEBI/LE/18632/04 - SEBI

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 30 th August, 2004 S.O. No.961(E).- 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 Coimbatore Stock Exchange Ltd. having its registered office at Stock Exchange Building, Trichy Road, Coimbatore - 641005 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 18th September, 2004 and ending on the 17th September, 2005 in respect of contracts in securities subject to the conditions stated herein below or as may be prescribed or imposed hereafter :- 1. The Exchange shall commence trading only after obtaining final approval from Securities and Exchange Board of India for establishment of the Settlement Guarantee Fund/Trade Guarantee Fund. 2. The Exchange shall ensure that every member of the Exchange maintains adequate Base Minimum Capital (BMC), which is free from any encumbrance before they are permitted for trade in the Exchange. 3. The Exchange shall comply with the suggestions stated in the Report of the Inspection of the Exchange conducted by the Securities and Exchange Board of India during the period July 19-21, 2004 and communicated to the Exchange vide letter No. SRO/SMD/CSX/EIF/2004/1/3864 dated August 11, 2004. [F.No. SEBI/LE/18632/04] G.N. BAJPAI, Chairman