Approval for amendment to bye-law No. 228(3) of the bye-laws of the Uttar Pradesh Stock Exchange Association Ltd.

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..... "SEBI") vide circular No. SMD/POLICY/Cir-6/03 dated February 12, 2003 advised the Stock Exchanges to shorten the settlement cycle from T+3 rolling settlement to T+2 rolling settlement with effect from April 1, 2003 and in response to the said circular, SEBI has received a proposal from Uttar Pradesh Stock Exchange Association Ltd. (hereinafter referred to as the Exchange) vide letter dated March 2 .....

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