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PRESS RELEASE - SEBI

December 14, 2004
PR No. 327/2004

Registration of M/s. Home Trade Ltd., member of

Pune Stock Exchange, cancelled

Securities and Exchange Board of India (SEBI) has passed an order dated December 10, 2004 canceling the certificate of registration of M/s. Home Trade Ltd. (SEBI Regn. No. INB110624638) erstwhile member of Pune Stock Exchange with immediate effect.
 
The aforesaid stock broker was declared defaulter by Pune Stock Exchange and ceased to be 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.
 
Mumbai
 
December 14, 2004

 
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