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March 19, 1998
PR No.
57/1998
CANCELLATION OF MERCHANT BANKING REGISTRATION
PRIMARY MARKET DEPARTMENT
The Securities and Exchange Board of India (SEBI) has cancelled the certificate of registration of two Category 1 Merchant bankers for not submitting information as prescribed by SEBI on employees involved in merchant banking activities in terms of Regulation 37 read with Regulation 36(1)(ii)(a) of SEBI (Merchant Bankers) Rules and Regulations, 1992.
The details are given below:
| No. |
Name |
Date of
cancellation |
| 1 |
Sanmac Motor Finance Ltd |
09.03.1998 |
| 2 |
Windsor Capital Markets Ltd |
09.03.1998 |
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