October 04, 1999
PR No. 230/1999
Warning to Broker
Secondary Market Department
The Securities and Exchange Board of India (SEBI) has warned M/s Anupam Syal(Trade Name : M/s Syal & Co.), member of Ludhiana Stock Exchange (SEBI Reg. No. INB 120314011) for not segregating clients’ fund and indulging in carry forward transactions.
The warning has been served in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
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