PRESS RELEASE - SEBI

June 18, 1998
PR No. 153/1998

SUSPENSION OF MERCHANT BANKING REGISTRATION

PRIMARY MARKET DEPARTMENT


TEXT

The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of the following Merchant bankers till the expiry of their period of registration for not paying annual registration fees. The details are given below:
 

No. Name of MB Category Date of suspension
1 Abhishek Maheshwari Ltd. IV 10.06.98
2 Clarity Financial Services Ltd. II 10.06.98
3 Baheti Bhadada & Associates Ltd. IV 10.06.98
4 American Fiscal Services Pvt. Ltd. III 10.06.98
5 Bharat Rasayan Finance Ltd.  II 10.06.98
6 Apeksha securities Ltd  IV 10.06.98
7 Alchemie Financial Services Ltd.  III 10.06.98
8 Consolidated Capital Financials Ltd.  II 10.06.98
9 Bodhi Management & Investment Pvt. Ltd. IV 15.06.98