PRESS RELEASE - SEBI

July 27, 1998
PR No. 207/1998

SUSPENSION OF MERCHANT BANKING REGISTRATION

PRIMARY MARKET DEPARTMENT
TEXT

The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration till the remaining period of their registration of M/s Olympic Management & Financial Services Limited, Category II Merchant banker w.e.f. July 22,1998 for their failure to pay annual registration fees due for the year 1996-97.