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April 15, 2002
PR No. 76/2002
Cancellation of Registration
The Securities and Exchange Board of India (SEBI) has cancelled the registrations of the following brokers with immediate effect:
| S.No |
Broker |
Exchange |
SEBI Reg No. |
| 1 |
Madhavsaran Agrawal |
UPSE |
INB100516914 |
| 2 |
Kashi Prasad Rathi |
UPSE |
INB100355112 |
| 3 |
Gopal Prasad Dokania |
UPSE |
INB100916219 |
| 4 |
Deena Dayal Sarda |
UPSE |
INB100348011 |
| 5 |
Shyamlal Agrawal |
UPSE |
INB100376219 |
| 6 |
Dilip Kumar Jasrapuria |
UPSE |
INB100349412 |
| 7 |
Target Securities Pvt. Ltd. |
UPSE |
INB100956335 |
The registrations have been cancelled in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
The said brokers were declared defaulters by the Stock Exchange and ceased to be members of the Exchange, thereby failed to fulfill the pre-requisite condition of registration as brokers with SEBI.
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