Registration of various stock brokers, cancelled
The Securities and Exchange Board of India (SEBI) has passed orders canceling the certificate of registration of the following 46 stock brokers with immediate effect:
|
Sr. No.
|
Name of the Stock Broker
|
Regn. No.
|
Exchange
|
-
|
Renu Sobti
|
INB200890214
|
OTCEI
|
-
|
Model Financial Corporation Ltd.
|
INB200674933
|
OTCEI
|
-
|
Almeida & Company Stock Brokers Ltd.
|
INB230958531
|
NSE
|
-
|
Ami Securities Ltd.
|
INB230875534
|
NSE
|
-
|
Arihant Equity Fund Ltd.
|
INB230760637
|
NSE
|
-
|
Ashok Gupta
|
INB230082010
|
NSE
|
-
|
Asian Securities & Stock Ltd.
|
INB230881538
|
NSE
|
-
|
Avonski Securities Ltd.
|
INB230856631
|
NSE
|
-
|
Balshia Securities Ltd.
|
INB230646338
|
NSE
|
-
|
Daleep Khosla
|
INB230678817
|
NSE
|
-
|
Dangi Financial And Management Consultancy Pvt. Ltd.
|
INB230777337
|
NSE
|
-
|
Diamond Securities Pvt. Ltd.
|
INB230646533
|
NSE
|
-
|
Digital Leasing and Finance Ltd.
|
INB230680931
|
NSE
|
-
|
Eden Financial Services
|
INB230660520
|
NSE
|
-
|
Fiscal Ltd.
|
INB230638032
|
NSE
|
-
|
Gazi Securities Ltd.
|
INB230691431
|
NSE
|
-
|
H. M. Desai Securities Ltd.
|
INB230774438
|
NSE
|
-
|
Nayankumar Rasiklal Chokshi
|
INB020114110
|
ASE
|
-
|
Lt. Rajesh Anubhai Shah
|
INB020113317
|
ASE
|
-
|
Sharad Sitaram Gupta
|
INB020118312
|
ASE
|
-
|
Rahil Investment & Finance Ltd.
|
INB020776136
|
ASE
|
-
|
Bipinchandra Ratilal Shah
|
INB020120515
|
ASE
|
-
|
H. A. J. Financial Services Pvt. Ltd.
|
INB200898430
|
OTCEI
|
-
|
Essen Corporate Services Pvt. Ltd.
|
INB200833239
|
OTCEI
|
-
|
Popular Stock & Share Services Ltd.
|
INB200644238
|
OTCEI
|
-
|
Lloyds Brokerage Ltd.
|
INB200597431
|
OTCEI
|
-
|
Al-Falah Investments Ltd.
|
INB200812436
|
OTCEI
|
-
|
Lionnaire Holdings & Investment Pvt. Ltd.
|
INB200891534
|
OTCEI
|
-
|
Stenly Credit Capital Ltd.
|
INB200726432
|
OTCEI
|
-
|
Deepak Relan
|
INB050455327
|
DSE
|
Page 2 of 2
PR-208/2004
|
Sr. No.
|
Name of the Stock Broker
|
Regn. No.
|
Exchange
|
-
|
Chhabra Securities Pvt. Ltd.
|
INB051027630
|
DSE
|
-
|
Sukam Financial Services Pvt. Ltd.
|
INB200832338
|
OTCEI
|
-
|
Shubdha Finvest Private Ltd.
|
INB200900839
|
OTCEI
|
-
|
VCK Sponsorship Funds Pvt. Ltd.
|
INB200914531
|
OTCEI
|
-
|
Sahu Developers Pvt. Ltd.
|
INB200864933
|
OTCEI
|
-
|
Bondwell Financial Services Pvt. Ltd.
|
INB200899135
|
OTCEI
|
-
|
Siddhartha Fin &Cap. Ser. P Ltd.
|
INB200820839
|
OTCEI
|
-
|
Brinda Trading Company Pvt. Ltd.
|
INB200865530
|
OTCEI
|
-
|
Kukar Sons Fin. & Invest Holdings Ltd.
|
INB200954238
|
OTCEI
|
-
|
Consolidated Capital Investcare Ltd.
|
INB200949830
|
OTCEI
|
-
|
Savitri Finlease & Securities Ltd.
|
INB200900937
|
OTCEI
|
-
|
Prudential Stocks & Securities Ltd.
|
INB200600134
|
OTCEI
|
-
|
Angel Financial Consultants Pvt. Ltd.
|
INB200811035
|
OTCEI
|
-
|
Nagarjuna Securities Ltd.
|
INB200713630
|
OTCEI
|
-
|
M. K. Securities Ltd.
|
INB200710633
|
OTCEI
|
-
|
Preyanshu Finance Ltd. (Now Known As Madalsa Agrotech Ltd.)
|
INB200503033
|
OTCEI
|
OTCEI – Over The Counter Exchange of India
NSE – National Stock Exchange
ASE - Ahmedabad Stock Exchange
DSE – Delhi Stock Exchange
The aforesaid 46 stock brokers were declared defaulter by the Stock Exchange and ceased to be members of the Exchange, thereby failed to fulfill the pre-requisite condition of registration as stock broker with SEBI. The registration has been cancelled in terms of Sub-Regulation (5) of Regulation 16 of SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002.
Mumbai
September 3, 2004
