Suspension of Trading Members – Growth Avenues Limited and Claridges Investments & Finance Pvt. Limited
April 2nd, 2007
NSE Press Release
The National Stock Exchange of India Limited has suspended the trading member, Growth Avenues Ltd., with effect from April 02, 2007, due to failure of the trading member in meeting the capital adequacy requirements for continued admittance to the trading membership of the Exchange. Consequently, National Securities Clearing Corporation Ltd. has also suspended the said clearing member, Growth Avenues Ltd., with effect from April 02, 2007.
The National Stock Exchange of India Limited has suspended the trading member, Claridges Investments & Finance Pvt. Ltd., with effect from April 02, 2007, due to failure of the trading member in meeting the capital adequacy requirements for continued admittance to the trading membership of the Exchange. Consequently, National Securities Clearing Corporation Ltd. has also suspended the said clearing member, Claridges Investments & Finance Pvt. Ltd., with effect from April 02, 2007.
Entry Filed under: Equity Markets, NSE
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