For full copy of order against CHOLAMANDALAM SECURITIES LTD., click here.

PRESS RELEASE - SEBI

January 31, 2005
PR No. 26/2005

Registration of M/s. Cholamandalam Securities Ltd., 

member of BSE, suspended

M/s. Cholamandalam Securities Ltd., member of The Stock Exchange, Mumbai (BSE) has been suspended for a period of two months. The order was passed by SEBI on January 27, 2005. This order shall come into force with effect from February 17, 2005.
 
M/s. Cholamandalam Securities Ltd., violated the provisions of SEBI (Stock Broker) Regulations 1992.
 
 
Mumbai
 
January 31, 2005