Dated: 21st February 2007




Members are hereby informed that the whole time member of SEBI vide his order dated 8th February 2007, in exercise of his powers under Regulation 13(4) of SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations 2002, had issued an order imposing a major penalty of suspension of certificate of registration of SMIFS Securities Ltd. (Registration No. INB030599931), Member, Calcutta Stock Exchange Association Ltd. (Business Code: 972) for a period of 6 (six) months with effect from 8th   March 2007.


Accordingly, M/s SMIFS Securities Ltd. shall be under suspension from 8th   March 2007.