SEBI grants recognition to International Exchange (IFSC) Limited- stock exchange U/s. 4 of Securities Contracts (Regulation) Act, 1956 for a period of one year

SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION

Mumbai, the 3rd January, 2017

No.SEBI/LAD-NRO/GN/2016-17/027.—The Securities and Exchange Board of India, having considered the application for recognition made under section 3 of the Securities Contracts (Regulation) Act, 1956 by India International Exchange (IFSC) Limited, having its registered office at Unit No. 24, Zonal Facility Centre Annexe, Block No. 12, Road No. 1-D, Zone -1, GIFT SEZ, GIFT City, Gandhinagar – 382355 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, recognition to the said stock exchange under Section 4 of the said Act for a period of one year commencing on the 29th day of December, 2016 and ending on the 28th day of December, 2017 subject to the condition stated herein below or as may be prescribed or imposed hereafter:

  • The Exchange shall comply with conditions specified by SEBI from time to time.

U. K. SINHA, Chairman

[ADVT.-III/4/Exty./364/1 6]

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