PRESS RELEASE - SEBI

 December 29, 2008
PR No. 332/2008

Consent orders in the matter of dealing in futures and options contracts on the NSE

A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K.M. Abraham, has passed consent orders dated December 22, 2008, on the applications submitted by the following entities in the matter of dealing in futures and options contracts on the National Stock Exchange of India Ltd. (NSE), in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicants have remitted their respective sums as given below towards consent terms in the matter.

Sl.No Name of the Entity Amount
1 M/s. Ashika Stock Broking Ltd. Rs. 5 Lakh
2 M/s. Raj Corporation Rs. 7.5 Lakh

Mumbai

December 29, 2008


 

For full copy of order against ASHIKA STOCK BROKING LTD. click here.
For full copy of order against RAJ CORPORATION click here.