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October 13, 1999
PR No. 239/1999
Warning to Brokers
Secondary Market Department
The Securities and Exchange Board of
India (SEBI) has warned M/s Llyod Brokerage Ltd.
(Presently known as M/s Euro Asian Securities Ltd.
members of Bombay Stock Exchange & Pune Stock
Exchange (SEBI Reg. No. INB010624639 & INB110624638)
for irregularities in issuance of contract notes, delay
in making payments and deliveries to clients, for not
reporting off-the-floor transactions to the Exchange and
not maintaining segregation between clients' fund and
own funds
The warning has been served in terms of Sub-Regulation
(3) of Regulation 29 of SEBI (Stock Brokers and
Sub-Brokers) Rules & Regulations, 1992.
The Securities and Exchange Board of India (SEBI) has
warned Ms Aruna Aggarwal, member of Ludiana Stock
Exchange (SEBI Reg. No. INB 120316117) for not
maintaining segregation between clients' fund and own
funds and indulging in carry forward transactions.
The warning has been served in terms of Sub-Regulation
(3) of Regulation 29 of SEBI (Stock Brokers and
Sub-Brokers) Rules & Regulations, 1992.
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