Renewal of recognition to Gauhati Stock Exchange Limited - S.O. No.523(E) - SEBI/LE/7877/04 - SEBI

Securities and Exchange Board of India Notification Mumbai, the 20 th April, 2004 S.O. No.523(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 the Gauhati Stock Exchange Limited having its registered office at Saraf Building Annexe, A.T. Road, Guwahati-781001 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 1st day of May, 2004 and ending on the 30th day of April, 2005 in respect of contracts in securities subject to the conditions stated herein below or as may be prescribed or imposed hereafter : (a) The said Exchange shall commence trading only after obtaining final approval from SEBI for establishment of the Settlement Guarantee Fund. (b) The said Exchange shall comply with the observations made in Report on the inspection of the said Exchange conducted by the Securities and Exchange Board of India during the period March, 23-24, 2004 and communicated to the said Exchange vide letter No. SEBI/ERO/BNS/2004/7382 dated April 8, 2004. [F.No. SEBI/LE/7877/04] G.N. BAJPAI, Chairman