For full copy of order against PRABHAT INVESTMENTS, click here.

PRESS RELEASE - SEBI

September 23, 2004
PR No. 246/2004

Registration of M/s. Prabhat Investments,

Member, DSE, suspended

Shri A.K.Batra, Whole Time Member, SEBI vide order dated August 31, 2004, has suspended the certificate of registration of M/s. Prabhat Investments, member, Delhi Stock Exchange, for a period of two months. This order shall come into force on expiry of three weeks from the date of this order. 
 
The penalty is imposed for various irregularities by the member while dealing in the scrip of M/s. Vatsa World Ltd. 
 
 
Mumbai
 
September 23, 2004