Suspension of certificate of registration of M/s Mathran Securities Ltd., member of CSE

The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of M/s Mathran Securities Ltd., member of CSE (SEBI Reg. No. INB03070936) for a period of four months. The penalty is imposed for dealing in off-market transactions without reporting to the CSE, delay in delivery of securities, non-segregation of clients’ funds and own funds and indulged in fund based activities. 

M/s Mathran Securities Ltd., member of CSE will not be entitled to carry on the business as a Stock Broker with effect from June 19, 2003 till October 18, 2003.