September 24, 2004
PR No. 251/2004

SEBI debars Smt. Indu Mehta, Director, M/s. Mefcom Capital Markets Ltd.

The Securities and Exchange Board of India (SEBI) has passed an order under section 11 and 11B of the SEBI Act, 1992 read with Regulation 11 of the SEBI (Prohibition of Insider Trading) Regulations, 1992 prohibiting Smt. Indu Mehta, Director of M/s. Mefcom Capital Markets Ltd. from buying, selling or otherwise dealing in securities and from associating with the securities market for a period of one year. SEBI found Smt. Indu Mehta guilty of insider trading in the shares of M/s. Mefcom Capital Markets Ltd 
 
The Order has been passed by Shri. G N Bajpai, Chairman, SEBI, on September 21, 2004.
 
 
Mumbai
 
September 24, 2004.