PRESS RELEASE - SEBI

October 11, 2012
PR No. 092/2012


Orders in respect of Alka Securities Limited and Mahesh Kothari Shares & Stock Brokers Pvt. Limited

Shri Rajeev Kumar Agarwal, Whole Time Member, SEBI, has passed three orders dated October 08, 2012 with the following directions;

  1. Suspending the certificate of registration of the stock broker namely Alka Securities Ltd. for a period of two years.
  2. Suspending the certificate of registration of the stock broker namely Alka Securities Ltd. for a period of two months. The two orders will run concurrently.
  3. Suspending the certificate of registration of the stock broker namely Mahesh Kothari Share and Stock Brokers Pvt. Ltd. for a period of two months.

The orders shall come into force on expiry of twenty one days from the date of these orders.
 
  
Mumbai
 
October 11, 2012


For full copy of order against ALKA SECURITIES LTD., click here.

For full copy of order against ALKA SECURITIES LTD., click here.

For full copy of order against MAHESH KOTHARI SHARES & STOCK BROKERS PVT.LTD., click here.