WARNING TO BROKERS
 
SECONDARY MARKET DEPARTMENT

The Securities and Exchange Board of India (SEBI) has warned Shri Vijay Kumar Gupta, Member of Ludhiana Stock Exchange, (SEBI Reg. No. INB 120312317) for indulging in unofficial carry forward transactions, non-segregation of clients' funds with own funds and delay in rectification of bad deliveries. 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 M/s Suvidha Fincap (P) Ltd., member of Ludhiana Stock Exchange, (SEBI Reg. No. INB 120787839) for indulging in unofficial carry forward transactions and non-segregation of clients' funds with 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 M/s Interlink Financial Services Ltd., member of: Madhya Pradesh Stock Exchange, (SEBI Reg. No. INB 070692530) for non-maintenance of books of records as per SEBI Regulations, indulgence in fictitious transactions & 'kapli' transactions and non-segregation of clients' funds with 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.