sebi:WTM/AS/MIRSD/MIRSD-SEC-4/31477/2025-26
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Facts / Headnote
Regulatory censure issued to GRD Securities Limited
Provisions invoked
- s. 19
- s. 11(1)
- s. 12(3)
Regulations
- Reg. 9(f)
- Reg. 23
- Reg. 27(5)
- Reg. 26
- Reg. 25(1)
- Reg. 27(1)
Parties
- GRD Securities Limited
Holding
SEBI issued a regulatory censure to GRD Securities Limited for five established violations relating to segregation of funds, monthly/quarterly settlement, stock mismatch/CUSA, margin reporting and client registration, while holding two allegations on stock reconciliation and Email ID/Mobile/UCC verification as not established.
Full text
__________________________________________________________________________________________ Order in the matter of GRD Securities Limited Page 2 of 20
__________________________________________________________________________________________ Order in the matter of GRD Securities Limited Page 3 of 20
__________________________________________________________________________________________ Order in the matter of GRD Securities Limited Page 4 of 20
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Source: SecMarx — sebi:WTM/AS/MIRSD/MIRSD-SEC-4/31477/2025-26. 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.