| Order in the matter of Way2Gains, CapitalMirror and AstroCapitalSolutions |
To
All Trading Members of the Exchange
Sub: Interim Ex Parte Order under Section 11(1),11(4),11B and 11D of the Securities and Exchange Board of India Act,1992 in Re: Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 and SEBI (Portfolio Managers) Regulations, 1993 in the matter of Way2Gains(W2G), Capital Mirror and Astro Capital Solutions(ACS).
SEBI, vide its Order no. WTM/MPB/IMD-DoF-1/SRO-BLO/36/2019 dated March 29, 2019 has inter-alia issued the following directions to the following entities:
|
No.
|
Names of the Noticee
|
PAN
|
|
1
|
Way2Gains and its Proprietor Mr. Rajeev KumarTiwari
|
ATUPR0113L
|
|
2
|
Capital Mirror and its Proprietor Mr. Saurabh Samir
|
GAUPS3690J
|
|
3
|
Astro Capital Solutions and its Proprietor Mr. Ankit Kumar Upadhayay
|
AHNPU3089M
|
- Cease and desist from acting as an investment advisor or portfolio manager and cease to solicit or undertake such activity or any other activities in the securities market, directly or indirectly, in any matter whatsoever until further orders;
- Directed not to access the securities market and buy, sell or otherwise deal in securities in any manner whatsoever, directly or indirectly, until further orders.
This Order is effective from March 29,2019.
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.
Ena Janvalekar Shaila Valsan
Sr. Manager Manager
Surveillance Surveillance
Date: April 01, 2019 |