Grants of application for recognition Inter-connected Stock Exchange of India Ltd., Mumbai.

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..... application for recognition made under Section 3 of the Securities Contracts (Regulation) Act, 1956 by Inter-connected Stock Exchange of India Ltd., Mumbai 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 recognition to the sa .....

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..... nnected Stock Exchange of India Limited. ] 2. The traders of the Exchange shall maintain Base Minimum Capital of ₹ 4.00 lakhs. However, to start with the traders may have a Base Minimum Capital of ₹ 2 lakhs which shall be increased to ₹ 3.00 lakhs within six months and to ₹ 4.00 lakhs at the end of the first year from the date of commencement of trading of the Exchange .....

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