SUSPENSION OF CERTIFICATE OF REGISTRATION OF M/S BETALA STOCK BROKING LTD. MEMBER OF NATIONAL STOCK EXCHANGE OF INDIA LTD.

The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of M/s Betala Stock Broking Ltd. Member of the National Stock Exchange of India Ltd. (SEBI Regn. No. INB 230909932) for a period of three (3) months with effect from August 04, 2003. The penalty is imposed for not maintaining proper segregation of clients’ and own funds and for violation of Code of Conduct. 

M/s Betala Stock Broking Ltd. Member of the National Stock Exchange of India Ltd.will not be entitled to carry on the business as a Stock Broker with effect from August 04, 2003 till November 03, 2003.