November 03, 2000
PR No. 211/2000


The Securities and Exchange Board of India (SEBI) has cancelled the entitlement of M/s Sahil Securities Ltd., member of Delhi Stock Exchange (SEBI Reg. No. INB 050701731), to act as an Underwriter, with immediate effect. 

The entitlement to act as an underwriter has been cancelled for not fulfilling the underwriting obligations in the public issue of M/s Pittie Cements & Industries Ltd., M/s Kanan Steels Ltd. and M/s Amajin Exports Ltd. 

M/s Sahil Securities Ltd, member of Delhi Stock Exchange will not be entitled to carry on underwriting activities with immediate effect.