Gazette Tracker
Gazette Tracker

Core Purpose

The International Financial Services Centres Authority grants a three-year renewal of recognition to NSE IFSC Limited for contracts in securities, effective from May 29, 2025, to May 28, 2028.

Detailed Summary

The International Financial Services Centres Authority (IFSCA), based in Gandhinagar, issued Notification F. No. IFSCA/NSE-IFSC/Renewal/2025-26 on May 29, 2025. This notification grants a renewal of recognition to NSE IFSC Limited, located at Unit No. 1201, Brigade International Financial Centre, 12th Floor, Building No. 14-A, Block 14, Zone-1, GIFT SEZ, Gandhinagar, Gujarat-382355. The renewal is for a period of three years, commencing on May 29, 2025, and expiring on May 28, 2028, specifically for contracts in securities. The decision was made after considering NSE IFSC Limited's application under Regulation 12 of the International Financial Service Centres Authority (Market Infrastructure Institutions) Regulations, 2021, and being satisfied that it is in the interest of trade, the securities market, and public interest. The IFSCA exercised its powers under section 12 of the International Financial Services Centres Authority Act, 2019, read with section 4 of the Securities Contracts (Regulation) Act, 1956. The recognition is subject to conditions specified by IFSCA from time to time. The notification was signed by K. Rajaraman, Chairperson.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-GJ-E-04062025-263607 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 409] NEW DELHI, MONDAY, JUNE 2, 2025/JYAISTHA 12, 1947 INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 29th May, 2025 F. No. IFSCA/NSE-IFSC/Renewal/2025-26.—The International Financial Services Centres Authority, having considered the application for grant of recognition under Regulation 12 of the International Financial Service Centres Authority (Market Infrastructure Institutions) Regulations, 2021 by NSE IFSC Limited, Unit No. 1201, Brigade International Financial Centre, 12th Floor, Building No. 14-A, Block 14, Zone-1, GIFT SEZ, Gandhinagar, Gujarat- 382355, and being satisfied that it would be in the interest of the trade, in the interest of securities market and also in the public interest to do so, hereby grants, in exercise of the powers conferred by section 12 of the International Financial Services Centres Authority Act, 2019 read with section 4 of the Securities Contracts (Regulation) Act, 1956, renewal of recognition to said Exchange for three years, commencing on the 29th day of May 2025 to 28th day of May 2028 in respect of contracts in securities subject to the conditions stated herein below or as may be prescribed or imposed hereafter: • The Exchange shall comply with conditions as specified by IFSCA from time to time. K. RAJARAMAN, Chairperson [ADVT.-III/4/Exty./143/2025-26]

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free