1.Introduction
The Securities and Exchange Board of India (SEBI) has once again recognized the Metropolitan Stock Exchange of India Limited (MSEI), reinforcing its role in India’s financial market ecosystem. This renewal ensures continuity in the functioning of the exchange under the established legal framework governing securities contracts.
2. Legal Framework of Recognition
The renewal of recognition has been granted under Section 4 of the Securities Contracts (Regulation) Act, 1956 (SCRA).
3. Validity Period of Renewal
The renewed recognition is valid for the period commencing on 16 September 2025 and will remain effective until 15 September 2026. During this time, MSEI will continue to facilitate trading in contracts of securities while being governed by SEBI’s prescribed conditions. This one-year extension reflects SEBI’s cautious and performance-based approach to regulating exchanges.