Renewal of recognition by Guwahati Stock Exchange Limited, Guwahati - S.O. No.481(E) - SEBI/LE/8140/03 - SEBI

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 29 th April, 2003 S.O. 481(E).-- The Securities and Exchange Board of India, having considered the application for renewal of recog nition made under Section 3 of the Securities Contracts (Regulation) Act, 1956, (hereinafter referred to as the Act ) by Guwahati Stock Exchange Limited, (hereinafter referred to as the Exchange ) 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 the Act, renewal of recognition to the Exchange under Section 4 of the Act for a further period of one year commencing on the 1 st day of May 2003 and ending on the 30th day of April 2004 in respect of contracts in securities, subject to the conditions specified herein or as may be prescribed or imposed hereafter:-- (a) The Exchange shall take immediate steps to rectify the defects in its screen based trading system and make it functional. (b) The Exchange shall set-up the Settlement Guarantee Fund at the earliest. (c) The Exchange shall commence trading subject to compliance with the above conditions and further approval from SEBI [F. No. SEBI/LE/8140/03] G. N. BAJPAI, Chairman