sebi:QJA/GR/WRO/WRO/30196/2023-24
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Censure and warning issued to the Noticee
Provisions invoked
- s. 19
- s. 12A
- s. 12
- s. 12(3)
Regulations
- Reg. 3
- Reg. 2(1)(c)
- Reg. 16
- Reg. 17
- Reg. 15
- Reg. 31
- Reg. 15(1)
- Reg. 3(b)
- Reg. 23
- Reg. 28
- Reg. 24
- Reg. 27
- Reg. 26(1)
- Reg. 15(9)
- Reg. 4(2)(s)
- Reg. 25(1)
- Reg. 27(1)
- Reg. 15(8)
Parties
- Reddito Capital Investment Advisors Private Limited
Holding
The Adjudicating Officer censured Reddito Capital Investment Advisors Pvt Ltd (INA000013040) and warned it to be careful and diligent, finding violations of KYC non-compliance, providing high-risk services to low-risk clients, and charging unreasonable fees, while finding no evidence to establish violations of PFUTP Regulations regulation 3(b), (c) read with section 12A(a), (b), (c) of the SEBI Act.
Full text
________________________________________________________________________________ Order in the matter of Reddito Capital Investment Advisors Private Limited Page 2 of 26
________________________________________________________________________________ Order in the matter of Reddito Capital Investment Advisors Private Limited Page 3 of 26
________________________________________________________________________________ Order in the matter of Reddito Capital Investment Advisors Private Limited Page 4 of 26
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:QJA/GR/WRO/WRO/30196/2023-24. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.