WARNING TO BROKERS
 
SECONDARY MARKET DEPARTMENT

1. The Securities and Exchange Board of India (SEBI) has warned Shri Ashok Kumar Agarwal, member of Jaipur Stock Exchange (SEBI Reg. No. INB 160177812) for not maintaining Sauda book, irregularities in issuance of contract notes, delay in deliveries to clients, for not reporting off-the-floor transactions to the Exchange, not maintaining proper segregation between clients' fund and own funds, dealing with un-registered sub-brokers and delay in rectification of bad deliveries 
   
   The warning has been served in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
   

2. The Securities and Exchange Board of India (SEBI) has warned M/s Lohia Securities Pvt. Ltd., member of National Stock Exchange (SEBI Reg. No. INB 230777836) for not maintaining segregation between clients' fund and own funds, not obtaining clients' registration form and for not filing FIR for introduction of stolen/fake/forged shares. 
   
   The warning has been served in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
   

3. The Securities and Exchange Board of India (SEBI) has warned M/s M. G. Capital Services Ltd., member of Delhi Stock Exchange (SEBI Reg. No. INB050701232) for irregularities in issuance of contract notes, for not reporting off-the-floor transactions to the Exchange, not maintaining segregation between clients' fund and own funds, not obtaining written consent while dealing on principal to principal basis and dealing with un-registered sub-broker 
   
   The warning has been served in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
   

4. The Securities and Exchange Board of India (SEBI) has warned Shri Raghavendra Joshi , member of Jaipur Stock Exchange (SEBI Reg. No. INB 160203219) for not maintaining Sauda book, Document register and journal, irregularities in issuance of contract notes, delay in making deliveries to clients, not reporting off-the-floor transactions to the Exchange and not entered into agreement with the clients. 
   
   The warning has been served in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
   

5. The Securities and Exchange Board of India (SEBI) has warned M/s Citizen Securities Ltd., member of Calcutta Stock Exchange (SEBI Reg. No. INB030878533) for irregularities in issuance of contract notes, non-maintaining order book and margin deposit book, delay in making payments to clients, for not reporting off-the-floor transactions to the Exchange and not maintaining segregation between clients' fund and own funds 
   
   The warning has been served in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
   

6. The Securities and Exchange Board of India (SEBI) has warned M/s Prabhudas Liladhar Pvt. Ltd., member of Bombay Stock Exchange (SEBI Reg. No. INB 010597752) for irregularities in issuance of contract notes, delay in making payments and deliveries to clients, for not reporting off-the-floor transactions to the Exchange, not obtaining client registration form and not maintaining segregation between clients' fund and own funds 
   
   The warning has been served in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.