PRESS RELEASE - SEBI

 January 22, 2009
PR No. 064/2009

Order in the matter of M/s. Tropical Securities & Investments Private Limited in the scrip of M/s. DCM Shriram Consolidated Limited

Dr. T. C. Nair, Whole Time Member, SEBI has passed an order on January 14, 2009 in the matter of investigation into the price manipulation in the scrip of M/s. DCM Shriram Consolidated Limited imposing a penalty of suspension of the certificate of registration of M/s. Tropical Securities & Investments Private Limited for a period of six months. 
 
This order shall come into effect on expiry of 21 days from the date of this order.
  

Mumbai

January 22, 2009

 


For full copy of order against TROPICAL SECURITIES & INVESTMENTS PVT.LTD., click here.