The Madhya Pradesh Stock Exchange (hereinafter referred to as “MPSE”), an un incorporated association of persons having its place of business at Indore, since the year 1957-1958. This MPSE has became recognised by the Central Government under the Securities Contract (Regulation) Act, 1956 vide notification no. 1/101/SE/88 dated December 22, 1988. The Exchange was demutualised in the year 2006, on or about October 2006 by forming a separate legal entity in the name of Madhya Pradesh Stock Exchange Ltd. and all the business and activities of Madhya Pradesh Stock Exchange was transferred to Madhya Pradesh Stock Exchange Ltd (the Company), the Company incorporated under Companies Act, 1956 (“Companies Act”) on 04.09.2006 and having its Registered Office at 201, Palika Plaza, 2nd Phas