Notices
Notice No20190503-23Notice Date03 May 2019
CategoryComplianceSegmentGeneral
SubjectAddendum to the Order having reference no. WTM/GM/EFD/02/2019–20 dated April 30, 2019 in the matter of OPG securities private limited
Content

To

 

All Trading Members of the Exchange

 

Sub:   Addendum to the Order having reference no. WTM/GM/EFD/02/2019–20 dated April 30, 2019 in the matter of OPG securities private limited.

 

Attention of the trading members is invited to the Exchange Notice No. 20190430-35 dated April 30, 2019 wherein SEBI, vide its Order No. WTM/GM/EFD/02/2019–20 dated April 30, 2019, had inter-alia prohibited OPG SECURITIES PRIVATE LIMITED (Proprietary account) and its Directors Sanjay Gupta, Sangeeta Gupta and Om Prakash Gupta from buying, selling or otherwise dealing in securities, either directly or indirectly, for a period of five years from the date of this Order.

 

SEBI, now vide its Order no. WTM/GM/EFD/02A/2019–20 dated May 03, 2019 has stated that the directions issued vide the Final Order shall stand relaxed for the limited purpose of allowing the Noticees to close the open positions in the Futures and Options and Currency Derivatives segments of OPG Securities Private Limited on or before the expiry date of the respective contracts or within a period of two months from April 30, 2019, whichever is earlier.

 

This Order shall come into force with immediate effect.

 

A copy of the said Order is attached herewith and also available on the SEBI website www.sebi.gov.in.

 

Trading members are advised to take note of the same and ensure compliance.

 

 

 

 

 

Shaila Valan                                                                        Avijit Sarkar                 

Manager                                                                             Assistant Manager 

Surveillance                                                                      Surveillance

 

Date:  May 03, 2019

 

Attachments
Addendum to OPG Securities Private Limited Final Order.pdf