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Core Purpose

The Securities and Exchange Board of India grants renewal of recognition to National Commodity Clearing Limited for three years, effective from September 10, 2025, to September 9, 2028.

Detailed Summary

The Securities and Exchange Board of India (SEBI) issued Notification F. No. SEBI/LAD-NRO/GN/2025/255 from Mumbai on September 1, 2025, granting renewal of recognition to National Commodity Clearing Limited, located at 1st Floor, Ackruti Corporate Park, L.B.S. Road, Kanjur Marg (W), Mumbai – 400 078. This renewal is for a period of three years, commencing on September 10, 2025, and concluding on September 9, 2028. The decision was made after considering the application under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, and finding it to be in the interest of trade, the securities market, and the public. The powers for this grant are conferred by Section 4 read with sub-section (4) of Section 8A of the Securities Contracts (Regulation) Act, 1956. A key condition of this renewal is that the Clearing Corporation must comply with all conditions specified by SEBI from time to time. The notification was signed by ANANTH NARAYAN G, Whole Time Member.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-MH-E-02092025-265898 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY NEW DELHI, TUESDAY, SEPTEMBER 2, 2025/BHADRA 11, 1947 No. 598] SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 1st September, 2025 F. No. SEBI/LAD-NRO/GN/2025/255.—The Securities and Exchange Board of India, having considered the application for grant of renewal of recognition under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, by National Commodity Clearing Limited, 1st Floor, Ackruti Corporate Park, L.B.S. Road, Kanjur Marg (W), Mumbai – 400 078 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 so to do, hereby grants, in exercise of the powers conferred by section 4 read with sub-section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956, renewal of recognition to the said clearing corporation for three years commencing on the 10th day of September, 2025 and ending on the 9th day of September, 2028, subject to the condition stated herein below or as may be prescribed or imposed hereafter: • The Clearing Corporation shall comply with the conditions specified by the Securities and Exchange Board of India from time to time. ANANTH NARAYAN G, Whole Time Member [ADVT.-III/4/Exty./331/2025-26] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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