November 28, 2006
PR No. 265/2006

Order against M/s. Marlecha Securities Pvt. Ltd. and M/s. Uday Stocks & Securities Pvt. Ltd. in the matter of M/s. Home Trade Ltd.

Shri G.Anantharaman, Whole Time Member, SEBI has passed the following orders on November 24, 2006 against the following two brokers of Bangalore Stock Exchange (BgSE) in the matter of M/s. Home Trade Ltd. - 

1. Minor penalty of Censure on M/s. Marlecha Securities Pvt. Ltd., SEBI Reg. No INB 081009639, member, Bangalore Stock Exchange (BgSE). The penalty is imposed for failure to exercise due care, skill and diligence while dealing in the scrip of Home Trade Ltd.
    

2. Minor penalty of Censure on M/s. Uday Stocks & Securities Pvt. Ltd., SEBI Reg. No INB 081033837, member, Bangalore Stock Exchange (BgSE). The penalty is imposed for failure to exercise due care, skill and diligence while dealing in the scrip of M/s. Home Trade Ltd. 
    

Mumbai

November 28, 2006

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

For full copy of order against UDAY STOCKS & SECURITIES PVT.LTD., click here.