September 27, 2006 PR No.
220/2006
Order against M/s. Indavara Securities in the matter of
M/s. Home Trade Ltd.
Securities and Exchange Board of India (SEBI) vide order dated September 25, 2006 has imposed a minor penalty of censure on the certificate of registration of M/s. Indavara Securities, SEBI Reg. No INB 080800718, member of Bangalore Stock Exchange (BgSE) in the matter of M/s. Home Trade Ltd. The penalty is imposed on the broker for not complying with the norms and guidelines relating to Know Your Client norms.
Mumbai
September 27, 2006
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