SMD-II(B)/13/11464/92
November 16, 1992

To,

The President/Executive Director
Bombay, Ahmedabad, Calcutta, Madras,
Delhi, Hyderabad, Madhya Pradesh, Bangalore,
Cochin, Uttar Pradesh, Pune, Saurashtra-Kutch,
Ludhiana, Gauhati, Mangalore, Magadh, Jaipur,
Bhubaneshwar, Vadodara, Coimbatore, Meerut Stock
Exchanges and OTC Exchange of India.

Dear Sir,

Brokers, sub-brokers rules and regulations

Please find enclosed one copy of the Securities and Exchange Board of India (Stock Brokers & Sub-Brokers) Rules, 1992 and the Securities and Exchange Board of India (Stock Brokers & Sub-Brokers) Regulations, 1992. Kindly acknowledge the receipt of this letter.

Yours faithfully,
sd/-
C B BHAVE

encl : as above

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