Submission of annual reports and periodical returns by stock exchanges to SEBI :

These matters are regulated under rule 17 & 17A respectively.

Every recognised stock exchange shall (before the 31st day of January in each year or within such extended time as SEBI may, from time to time, allow), furnish to SEBI annually with a report about its activities during the (proceeding calendar year), which shall inter alia contain detailed information about the following matters:

(a) changes in rules and bye-laws, if any;

(b) changes in the composition of the governing body;

(c) any new sub-committees set up and changes in the composition of existing ones;

(d) admissions, re-admissions, deaths or resignations of members;

(e) disciplinary action against members;

(f) arbitration of disputes (nature and number) between members and non-members;

(g) defaults;

(h) action taken to combat any emergency in trade;

(i) securities listed and de-listed; and

(j) securities brought on or removed from the forward list.

Every recognised stock exchange shall within one month of the date of the holding of its annual general meeting,

furnish to SEBI with a copy of its audited balance sheet and profit and loss account for its preceding financial year.

Rule 17A necessiated that every recognised stock exchange shall furnish to SEBI periodical returns relating to –

(i) the official rates for the securities enlisted thereon;

(ii) the number of shares delivered through the clearing house;

(iii) the making-up prices;

(iv) the clearing house programmes;

(v) the number of securities listed and de-listed during the previous three months;

(vi) number of securities brought on or removed from the forward list during the previous three months; and

(vii) any other matter as may be specified by the SEBI.