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Core Purpose

Renewal, under Section 4 of the Securities Contracts (Regulation) Act, 1956, of the recognition granted to Metropolitan Stock Exchange of India Limited for a further period of one year.

Detailed Summary

The Securities and Exchange Board of India (No. SEBI/LAD-NRO/GN/2024/204, dated 13 September 2024, Mumbai, signed by Ananth Narayan G, Whole Time Member) grants renewal of recognition, under Section 4 of the Securities Contracts (Regulation) Act, 1956, to Metropolitan Stock Exchange of India Limited, registered at Building A, Unit 205A, 2nd Floor, Piramal Agastya Corporate Park, Kamani Junction, L.B.S. Road, Kurla (West), Mumbai-400070, for the period 16 September 2024 to 15 September 2025 in respect of contracts in securities, subject to compliance with such conditions as may be prescribed by SEBI from time to time; the renewal follows the Exchange's application under Section 3 of the Act and SEBI's assessment that the renewal serves the interest of trade and the public interest.

Full Text

EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 718] NEW DELHI, FRIDAY , SEPTEMBER 13, 2024/BHADRA 22, 1946 CG-MH-E-13092024-257157 SECURITIE S AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai , the 13th September , 202 4 No. SEBI/LAD -NRO/GN/2024/ 204.—The Securities and Exchange Board of India, having considered the application for renewal of recognition made under Section 3 of the Securities Contr acts (Regulation) Act, 1956 by Metropolitan Stock Exchange of India Limited, having its registered office at Building A, Unit 205A, 2nd Floor, Piramal Agastya Corporate Park, Kamani Junction, L.B.S. Road, Kurla (West), Mumbai -400070 and being satisfied that it would be in the interest of trade and also in the public interest so to do, hereby grants, in exercise of the powers conferred under section 4 of the Securities Contracts (Regulation) Act, 1956, renewal of recognition to the sa id Exchange under section 4 of the said Act for a period of one year commencing on the 1 6th day of September , 2024 and ending on the 1 5th day of September, 20 25 in respect of contracts in securities subject to the conditions stated herein below or as may b e prescribed or imposed hereafter: • The Exchange shall comply with conditions as may be prescribed by SEBI from time to time ANANTH NARAYAN G , Whole Time Member [ADVT. -III/4/Exty./ 492/2024 -25] Uploaded by Dte. of Print ing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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