October 01, 2004
PR No. 259/2004

Registration of three brokers, suspended

The Securities and Exchange Board of India (SEBI) has suspended the certificates of Registration of M/s. CFL Securities Ltd., and M/s. Pawankumar Parmeshwarlal for one month each and M/s. Tropical Securities and Investment Pvt. Ltd., for two months for their involvement in market manipulation in the scrip of M/s. Surya Roshni Ltd. The orders have been passed on September 29, 2004, and shall come into force with effect on expiry of three weeks from the date of the orders.
 
 
Mumbai
 
October 01, 2004