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Date: 2017-01-04 Category: Extra Ordinary State: Union Government Country: India

The Securities and Exchange Board of India, having considered the application for recognition

Issued by Securities and Exchange Board of India · Not Applicable

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Executive Summary & Key Takeaways

The Securities and Exchange Board of India (SEBI) issued Notification No. SEBILADNROGN201617027 on January 3, 2017, in Mumbai. This notification grants recognition to India International Exchange IFSC Limited, located at Unit No. 24, Zonal Facility Centre Annexe, Block No. 12, Road No. 1D, Zone 1, GIFT SEZ, GIFT City, Gandhinagar 382355, as a stock exchange under Section 4 of the Securities Contracts Regulation Act, 1956. The recognition is effective for one year, commencing on December 29, 2016, and ending on December 28, 2017. This recognition is subject to compliance with conditions specified by SEBI from time to time. The notification was issued by U. K. Sinha, Chairman, Securities and Exchange Board of India.

Key Entities Referenced

Securities and Exchange Board of India: Regulatory body for securities and commodity market in India. Securities Contracts Regulation Act, 1956: Indian legislation governing securities contracts. India International Exchange IFSC Limited: Stock exchange located in GIFT City. GIFT City, Gandhinagar, Gujarat: A planned business district in Gujarat, India also known as Gujarat International Finance Tec-City SEBI: An abbreviation of the Securities and Exchange Board of India U. K. Sinha: Chairman of the Securities and Exchange Board of India Mumbai, Maharashtra: City in India where SEBI notification was issued. New Delhi: Location of the Government of India Press.
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx III—[k.M 4 PART III—Section 4 izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 08] ubZ fnYyh] cq/okj] tuojh 4] 2017@ ikS"k 14] 1938 No. 08] NEW DELHI, WEDNESDAY, JANUARY 4, 2017/PAUSA 14, 1938 भारतीय (cid:7079)ितभिू त और िविनमय बोड(cid:6981) अिधसचू ना मु(cid:7013)बई, 3 जनवरी, 2017 स.ं सबे ी/ एल. ए. डी. - एन.आर. ओ./ जी. एन./ 2016-17/ 027. —भारतीय (cid:7079)ितभूित और िविनमय बोड(cid:6981), इंिडया इंटरनेशनल ए(cid:6989)सच(cid:7286)ज (आईएफएससी) िलिमटेड, िजसका अपना रिज(cid:7021)(cid:7069)ीकृत काया(cid:6981)लय यूिनट 24, ज़ोनल फैिसिलटी स(cid:7286)टर एने(cid:6989)स, (cid:7011)लॉक 12 , रोड 1 -डी, ज़ोन -1, िग(cid:7046)ट एसइज़डे , िग(cid:7010)ट िसटी, गाँधीनगर - 382 355, गुजरात म(cid:7286) ि(cid:7021)थत ह,ै (cid:7367)ारा (cid:7079)ितभूित संिवदा (िविनयमन) अिधिनयम, 1956, क(cid:7409) धारा 3 के अधीन (cid:7408)कए गए मा(cid:7008)यता के िलये आवेदन पर िवचार करते (cid:7263)ए और यह समाधान हो जान े पर (cid:7408)क यह (cid:7390)ापार के िहत म(cid:7286) होगा, (cid:7079)ितभूित बाजार के िहत म (cid:7286) होगा और ऐसा करना लोक िहत म(cid:7286) भी होगा, एत(cid:7375)ारा, (cid:7079)ितभूित संिवदा (िविनयमन) अिधिनयम, 1956 क(cid:7409) धारा 4 के अधीन (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते (cid:7263)ए, उ(cid:7334) ए(cid:6989)सच(cid:7286)ज को उ(cid:7334) अिधिनयम क(cid:7409) धारा 4 के अधीन 29 (cid:7408)दसंबर 2016 को (cid:7079)ारंभ होने वाली और 28 (cid:7408)दसंबर 2017 को समा(cid:7385) होने वाली एक वष (cid:6981) क(cid:7409) कालावधी (अविध ) के िलए इसम(cid:7286) नीच े किथत शत(cid:6981) अथवा जो इसके प(cid:7391)ात ् िविहत या अिधरोिपत क(cid:7409) जाय(cid:7286) के अ(cid:7007)यधीन मा(cid:7008)यता (cid:7079)दान करता है : • ए(cid:6989)सच(cid:7286)ज भारतीय (cid:7079)ितभिू त और िविनमय बोड(cid:6981) (cid:7367)ारा समय-समय पर िविन(cid:7416)द(cid:7397) शत(cid:7300) का अनुपालन करेगा । यू.के. िस(cid:7008)हा, अ(cid:7007)य(cid:6979) [िव(cid:6980)ापन-III/4/आसाधारण/364/16] 44 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] 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: (cid:183) (cid:32) The Exchange shall comply with conditions specified by SEBI from time to time. U. K. SINHA, Chairman [ADVT.-III/4/Exty./364/16] (cid:32) 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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