To
All Trading Members of the Exchange
Sub: Order under section 12(3) of the Securities and Exchange Board of India Act, 1992 read with Regulation 28(2) of the Securities And Exchange Board Of India (Intermediaries) Regulations, 2008 in the matter of PUG Securities (P) Ltd.(PSPL)
SEBI vide its Order no. SEBI/WTM/GM/EFD/41/2019-20 dated October 17, 2019 has inter-alia directed the Noticee i.e. PUG Securities Pvt. Ltd., shall not take on board any new client for a period of 2 months from the date of this order. Nothing in this order shall prohibit the Noticee from continuing to provide services to its existing clients.
This Order is effective from the date of the order.
A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.
Trading members are advised to take note of the same and ensure compliance.
Shaila Valsan Avijit Sarkar
Sr. Manager Assistant Manager
Surveillance Surveillance
Date: October 22, 2019
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