December 30, 2005
PR No. 180/2005

Warning issued to M/s. Nirpan Securities Pvt. Ltd., Member of NSE

Securities and Exchange Board of India (SEBI) has passed an order dated December 27, 2005, warning M/s. Nirpan Securities Pvt. Ltd. (SEBI Reg. No.INB230648336), Member of National Stock Exchange.

The order has been passed by Shri Madhukar, Whole Time Member, SEBI, against M/s. Nirpan Securities Pvt. Ltd. for irregularities in maintaining the contract notes, failed to collect upfront margins, non-maintenance of unique client code etc.

Mumbai

December 30, 2005