Dated: 21st April 2007




Members are hereby informed that the whole time member of SEBI vide his Order No. WTM/GA/3/ERO/4/07 dated 13th April 2007, in exercise of his powers under Section 19 of the SEBI Act, 1992 read with 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 S.B.Bhutra & Co. (Registration No. INB030037516), Member, Calcutta Stock Exchange Association Ltd. (Business Code: 516) for a period of 6 (six) months with effect from 7th   May 2007.


Accordingly, M/s S.B.Bhutra & Co. shall be under suspension from 7th   May 2007.




                                                                                                                     Jt. Secretary & DGM