December 26, 2006
PR No. 294/2006

Confirmation order in the matter of M/s. Galaxy Broking Ltd.,
Member, BSE and others

Shri G.Anantharaman, Whole Time Member, SEBI passed an order dated December 21, 2006 in the matter of M/s. Galaxy Broking Ltd., Member, Bombay Stock Exchange Ltd. (BSE) confirming the ad interim order dated January 24, 2006, subject to the modifications as in 6.1. (A) of the confirmation order. Further, an Enquiry Officer is being appointed to enquire into the violations committed by M/s. Galaxy Broking Ltd.

The Depositories shall not give effect to any transfer of shares of the companies listed as per Table 1 of the confirmation order, lying in the beneficial owner accounts of clients (excepting the relaxation as specified in 6.1A of the confirmation order).

This order will come into force with immediate effect.


December 26, 2006


For full copy of order against M/s. GALAXY BROKING LTD. click here.