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December 03, 2005
PR No.
02/2005
Registration of various stock brokers, cancelled
The Securities and Exchange Board of India (SEBI) has cancelled the certificate of registration of the following ten stock brokers with immediate effect:
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Sr.
No.
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Name
of the broker
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SEBI
Regn. No.
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Exchange
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1
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M/s.
Devatha Holding Pvt.
Ltd.
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INB200929135
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OTCEI
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2
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M/s.
Westfin Securities Ltd.
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INB090781038
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CoSE
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3
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Mohammed
Sadiq Ali B
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INB090300618
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CoSE
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4
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U
K Sashidharan
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INB090271911
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CoSE
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5
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Thangam
Jacob
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INB090295016
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CoSE
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6
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M/s.
Sunam Securities Pvt.
Ltd.
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INB090966239
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CoSE
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7
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Sreeja
Ramesh
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INB090273018
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CoSE
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8
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Shibu
Madhawan Kartha
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INB090300716
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CoSE
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9
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Sri
Kanth Kulkarni
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INB090702812
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CoSE
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10
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M/s.
Raju & Co.
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INB090279913
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CoSE
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OTCEI � Over the Counter Exchange of India
CoSE - Cochin Stock Exchange
The aforesaid ten stock brokers were declared defaulters / expelled by the respective Stock Exchanges and ceased to be members of the Exchanges, 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
January 03, 2005
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