SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, A Wing, Gr. Floor,
224, Nariman Point, Mumbai 400 021

SMD/POLICY/CIR-34/99
October 12, 1999
To:

The President/Executive Director/ Managing Director of all Stock Exchanges

Dear Sir,

SEBI has prescribed that every stock exchange has to submit a monthly development report containing developments during that month. In addition to this, stock exchanges are now advised to submit a report to SEBI immediately whenever a substantial number of trading terminal of the members are deactivated due to any reason or pay-in/pay-out is extended beyond the scheduled date. This report should contain the reasons for the problem.

Yours faithfully,

P. K. BINDLISH
DIVISION CHIEF
SECONDARY MARKET, DEPOSITORY,
RESEARCH & PUBLICATIONS DEPARTMENT
E-Mail : pkb@sebi.govt.in

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