October 08, 1998
PR No. 278/1998

SUSPENSION OF M/s VISHWABHARATHI INVESTMENTS PVT. Ltd.
MEMBER, COIMBATORE STOCK EXCHANGE
SECONDARY MARKET DEPT.

The Securities and Exchange Board of India (SEBI) has suspended M/s Vishwabharathi Investments Pvt. Ltd., member of Coimbatore Stock Exchange (SEBI Reg. No. INB 210755832) for a period of one month. They have been suspended in terms of Sub-Regulation (3) of Regulation 29 of SEBI (StockBrokers and Sub-Brokers) Regulations, 1992 for indulging in unofficial carry forward transactions. 
 
M/s Vishwabharathi Investments Pvt. Ltd., member of Coimbatore Stock Exchange will not be entitled to carry on the business as a Stock Broker with effect from October 15, 1998 till November 14, 1998.