For full copy of order against DISHA CAPITAL SERVICES LTD., click here.

PRESS RELEASE - SEBI
January 22, 2004
PR No. 14/2004

CANCELLATION OF CERTIFICATE OF REGISTRATION OF

A STOCK–BROKER OF NATIONAL STOCK EXCHANGE OF INDIA

The Securities and Exchange Board of India (SEBI) has cancelled the certificate of registration of M/s. Disha Capital Services Ltd. (SEBI Regn. No. INB230877738), erstwhile member of National Stock Exchange with immediate effect.

The aforesaid Stock-Broker was expelled from the Stock Exchange and ceased to be a member of the Exchange, thereby failed to fulfill the pre-requisite condition of registration as Stock-Broker with SEBI.

The registration has been cancelled in terms of Sub-Regulation (5) of Regulation 16 of SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002.