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NOTICES
Notice No.   20210704-1   Notice Date   04 Jul 2021
Category   Others   Segment   General
Subject   Declaration of Trading Member Arcadia Share & Stock Brokers Private Limited as Defaulter and Expulsion
Attachments   ANNEXURE_I.pdf ;
Content

 

Trading Members of the Exchange are hereby informed that pursuant to declaration of Arcadia Share & Stock Brokers Private Limited as defaulter as well as expulsion by NSE vide their circular no. 62/2021 dated July 2, 2021 w.e.f. July 2, 2021, the Exchange has declared Arcadia Share & Stock Brokers Private Limited (Clg. No. 3018), a corporate Trading Member of the Exchange as Defaulter, in terms of the provisions of SEBI Circular No. SEBI/MIRSD/Master Cir-04/2010 dated March 17, 2010 and also Expelled the said Trading Member in compliance with the requirement of Circular No. F. No. 1/26/SE/91 dated August 12, 1991 issued by Ministry of Finance (Department of Economic Affairs), Government of India w.e.f. July 4, 2021.

As per the Exchange records, the Authorized Persons (mentioned in Annexure I) affiliated with the Trading Member Arcadia Share & Stock Brokers Private Limited are not authorized henceforth to deal in that capacity and their registration stands withdrawn.

Trading Members and Investors are advised to take note of the same.

 

Usha Sharma                                                         Hemant Dharap        
General Manager                                                   Deputy General Manager
Broker Supervision, Membership Compliance,         Membership Compliance and
and Investor Services                                              Investor Services