PRESS RELEASE - SEBI

October 09, 1998
PR No. 280/1998

SUSPENSION OF MERCHANT BANKING REGISTRATION
PRIMARY MARKET DEPARTMENT

Vide order dated September 29, 1998, the Securities and Exchange Board of India (SEBI) has suspended M/s Titan Securities Ltd. for remaining period of registration that is till February 28, 1999, for their failure to pay annual fees.