January 08, 2007
PR No. 05/2007
Orders against (1) M/s. N.J. Shares and Securities Pvt. Ltd. and
(2) M/s. Fincap Portfolio Ltd.
The certificates of registration of two brokers M/s. N.J. Shares and Securities Pvt. Ltd. Member � National Stock Exchange of India Ltd. (Regn. No. INB 230814633) and M/s. Fincap Portfolio Ltd. Member � National Stock Exchange of India Ltd. (Regn. No. INB 230876533) have been suspended for a period of one month. The brokers have been found guilty of violating the provisions of SEBI (Prohibition of Fraudulent and Unfair Trade practices Relating to Securities Market), Regulations, 1995 and provisions of the Code of Conduct as specified in SEBI (Stock Brokers and Sub Brokers) Regulations, 1992, while dealing in the shares of M/s. Astraseneca Pharma India Ltd.
The orders have been passed by Dr. T.C. Nair, Whole Time Member, SEBI on January 04, 2007 and shall come into force after the expiry of 21 days from the date of orders.
Mumbai
January 08, 2007
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