All Trading Members of the Exchange
Sub: CONFIRMATORY ORDER Under Sections 11, 11B (1) and 11D of the Securities and Exchange Board of India Act, 1992 In Re: Securities and Exchange Board of India (Investment Advisers) Regulations, 2013, in the matter of Minance Investment Advisor Pvt. Ltd.
In continuation to the Exchange Notice Nos. 20201021-30 dated October 21, 2020 on the captioned matter.
SEBI vide its order no. WTM/IA/SRO/MPB/185/2021-22 dated April 20, 2021 has inter-alia issued following directions:
- Confirm all the directions issued vide interim order dated October 20, 2020, against Minance Investment Advisors Private Limited and the Director, Mr. Anurag Bhatia.
· Confirm the directions at para 40.1, 40.2, 40.9 and 40.11, of interim order dated October 20, 2020, qua Mr. Sarbashish Basu.
- Revoke the directions qua Mr. Pankaj Mahanty.
This Order is effective from the date of the order.
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.
Jeevan Noronha Roshani More
Senior Manager Assistant Manager
Date: April 20, 2021