PRESS RELEASE - SEBI

January 28, 2005
PR No. 23/2005

Registration of M/s. Goldstar Finvest Pvt. Ltd., cancelled

Securities and Exchange Board of India (SEBI) has passed an order dated January 20, 2005 canceling the certificate of registration of M/s. Goldstar Finvest Pvt. Ltd. (SEBI Regn. No. INB241146233) erstwhile member of Inter-connected Stock Exchange with immediate effect.
 
The aforesaid stock broker was expelled by Inter-connected Stock Exchange and ceased to be member of the Exchange, thereby failed to fulfill the pre-requisite condition of registration as stock broker with SEBI. The registration has been cancelled in terms of Sub-Regulation (5) of Regulation 16 of SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002.
 
 
Mumbai

January 28, 2005