To
All Trading Members of the Exchanges
Sub: Final Order in the matter of M/s. Fingravy Wealth Creation Services Pvt. Ltd.
In continuation to the Exchange Notice No. 20200115-23 dated January 15, 2020, on the captioned matter.
SEBI vide its order no WTM/AB/IMD/IMD-II CIS/21622/2022-23 dated November 29, 2022, has inter-alia issued following directions:
· The Noticee no. 1, 2, 3, 4, 5 and 6, are debarred from accessing the securities market, directly or indirectly and are prohibited from buying, selling or otherwise dealing in the securities market, directly or indirectly in any manner whatsoever, for a period of one (1) year from the date of this order or till the expiry of one (1) year from the date of completion of refunds to complainants/ investors along with depositing of balance amounts, if any, with SEBI as directed in para 26(a) and 26(e) above, whichever is later.
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.
Jeevan Noronha Shubham Benere
Regulatory Correspondence Regulatory Correspondence
Date: November 29, 2022 |