For full copy of order against NIRAJ KUMAR BALASARIA PVT.LTD., click here.

PRESS RELEASE - SEBI

January 11, 2005
PR No. 11/2005

Registration of M/s. Niraj Kumar Balasaria Pvt. Ltd., 

member of Calcutta Stock Exchange, suspended

Securities and Exchange Board of India (SEBI) vide order dated January 07, 2005, in the matter of M/s. DSQ Industries Ltd., has suspended the certificate of registration of M/s. Niraj Kumar Balasaria Pvt. Ltd., SEBI Reg. No. INB 030037115, member of Calcutta Stock Exchange (CSE) for a period of three months. The penalty is imposed for creation of artificial market in the shares of M/s. DSQ Industries Ltd. by M/s. Niraj Kumar Balasaria. 
 
The certificate of registration of M/s. Niraj Kumar Balasaria Pvt. Ltd. will be suspended from January 28, 2005 till April 27, 2005. 
 
 
Mumbai 
 
January 11, 2005