PRESS RELEASE - SEBI

September 29, 1998
PR No. 266/1998

SUSPENSION OF MERCHANT BANKING REGISTRATION
PRIMARY MARKET DEPARTMENT

The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration till the remaining period of their registration of M/s Naren V Sheth, Category IV Merchant banker w.e.f. September 22, 1998 for their failure to pay annual registration fees due for the year 1996-97.