PRESS RELEASE - SEBI

June 23, 1998
PR No. 161/1998

SUSPENSION OF MERCHANT BANKING REGISTRATION
PRIMARY MARKET DEPARTMENT

The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of a Category II Merchant Banker for the remaining period of their registration under Regulation 36(1)(vii) of the SEBI (Merchant Banker) Rules and Regulations, 1992 for their failure to pay fees.
 
The details are given below:
 

No. Name Date of Suspension
1. TRC Financial Services Ltd. 17th June 1998.