sebi:WTM/SM/MIRSD/MIRSD_DPIEA/25089/2022-23
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Facts / Headnote
Cancellation of certificate of registration as stock broker
Provisions invoked
- s. 12
Regulations
- Reg. 6
- Reg. 3
- Reg. 17
- Reg. 9
- Reg. 27
- Reg. 26
Parties
- Anugrah Stock & Broking Pvt. Ltd.
Holding
The certificate of registration granted to Anugrah Stock and Broking Pvt. Ltd. as stock broker (INZ000200231) is cancelled for conducting unregistered portfolio management, misusing client funds and securities, and falsifying books and records.
Full text
__________________________________________________________________________________ Order in the Enquiry Proceedings against Anugrah Stock & Broking Pvt. Ltd. Page 2 of 26 Equity INZ000200231
__________________________________________________________________________________ Order in the Enquiry Proceedings against Anugrah Stock & Broking Pvt. Ltd. Page 3 of 26 4.5. SEBI Circular no. SEBIHO/MIRSD/MIRSD2/CIR/P/2016/95 dated September 26, 2016. 4.6. SEBI Circular no. SMD/SED/CIR/93/23321 dated November 18, 1993.
__________________________________________________________________________________ Order in the Enquiry Proceedings against Anugrah Stock & Broking Pvt. Ltd. Page 4 of 26 law from time to time, as mentioned in preceding paragraphs and as alleged in the SCN relating to its broking operations.
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Source: SecMarx — sebi:WTM/SM/MIRSD/MIRSD_DPIEA/25089/2022-23. 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.