Renewal of Recognition to O.T.C. Exchange of India, Cuffe Parade, Mumbai. - S.O. No.987(E) - SEBI/LE/15576/2003 - SEBI

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 23 rd August, 2003 S.O. 987(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 (hereinafter referred to as the Act ) by O.T.C. Exchange of India (hereinafter referred to as the Exchange having its registered office at 92, Maker Towers F Cuffe Parade, Mumbai-400005 and being satisfied that it would be in the interest of the trade and also in the public interest so to do, in exercise of the powers conferred under Section 4 of the Act, hereby grants renewal of recognition to the Exchange for a further period of one year commencing on the 23rd day of August, 2003 and ending on the 22 nd day of August, 2004, in respect of contracts in securities subject to the condition stated herein below or as may be prescribed or imposed hereinafter :-- The exchange shall comply with observations stated in the Report on the Inspection of the exchange conducted by the Securities and Exchange Board of India for the period June 17-20, 2003 and communicated to the exchange vide letter No. MRDDMS/INSREP 2003/14128/2003 dated July24, 2003. [F. No. SEBI/LE/15576/2003] G.N. BAJPAI, Chairman