BSE Ltd.

04/29/2024 | Press release | Distributed by Public on 04/29/2024 09:21

Order in respect of GTR Solution Financial Services (Proprietor: Mr. Nishant Chaturvedi) In the matter of Unregistered Investment Advisory Services.

NOTICES
Notice No. 20240429-62 Notice Date 29 Apr 2024
Category Compliance Segment General
Subject Order in respect of GTR Solution Financial Services (Proprietor: Mr. Nishant Chaturvedi) In the matter of Unregistered Investment Advisory Services.
Attachments Order in respect of GTR Solution Financial Services Prop Nishant Chaturvedi.pdf ;
Content

To<_o3a_p>

All Trading Members of the Exchanges<_o3a_p>

Sub: Order in respect of GTR Solution Financial Services (Proprietor: Mr. Nishant Chaturvedi) In the matter of Unregistered Investment Advisory Services.<_o3a_p>

SEBI vide its order no. QJA/AA/MIRSD/MIRSD-SEC-2/30298/2024-25 dated April 29, 2024, has inter-alia issued following directions:<_o3a_p>

· The Noticee / Mr. Nishant Chaturvedi is debarred from accessing the securities market, directly or indirectly and is 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 40.1 and 40.7 above, whichever is later.<_o3a_p>· It is hereby clarified that if the Noticee / Mr. Nishant Chaturvedi has any open position in any exchange traded derivative contracts, as on the date of this order, he can close out/ square off such open positions within 3 months from the date of order or at the expiry of such contracts, whichever is earlier. The Noticee / Mr. Nishant Chaturvedi is permitted to settle the pay in and pay out obligations in respect of transactions, if any, which have taken place before the close of trading on the date of this order.<_o3a_p>

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This Order is effective from the date of the order.<_o3a_p>

A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.<_o3a_p>

Trading members are advised to take note of the same and ensure compliance.<_o3a_p>

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Jeevan Noronha Vinayak Bhalavi<_o3a_p>

Regulatory Correspondence Regulatory Correspondence<_o3a_p>

Date: April 29, 2024<_o3a_p>