Media Release

Media Release

Caution to Investors 

It has been brought to the attention of the Exchange that following individuals are allegedly engaged in unauthorised activities, including soliciting funds from investors while misrepresenting themselves as a registered Investment Managers and allegedly offering assured returns to investors:

Sr. No.

Name

Mobile Nos.

Online Presence

1

Arun Kumar

7877737570

Telegram Channel - Stock Market Advisor (https://t.me/stock_market_adviser7)

2

Suchita

8419903659

8108025765

8657962354

7391052869

website https://growinvestment.in/

Please note that these individuals/entities are neither registered as member nor as Authorised Person of any registered member of the BSE Limited. The Exchange provides a facility to verify the registration of Exchange intermediaries at following links on the Exchange website:  

Sr. No.

Intermediary

Path and Link

1

Member

(Stockbroker)

Members -> Member Directory -> Members

 

https://www.bseindia.com/members/MembershipDirectory.aspx

2

Authorised Person

Members -> Member Directory -> Other Intermediaries

 

https://www.bseindia.com/members/DirectoryOtherIntermediaries.aspx

3

Investment Advisor

Investment Advisers & Research Analysts -> Investment Advisers -> BSE Enlisted IA

 

https://www.bseindia.com/iara/IA_Member.aspx

4

Research Analyst

Investment Advisers & Research Analysts -> Investment Advisers -> BSE Enlisted RA

 

https://www.bseindia.com/IARA/RegisteredRA.aspx

 

The designated bank accounts disclosed by Trading Members to the Exchange, known as Upstreaming Client Bank Accounts for receiving investors funds, are displayed under the Member Directory link. Investors are advised to verify these details when dealing with an individual or entity.

The list of fake application/Website URLs/links as reported by investors/Members/Investment Advisers and Research Analyst, is available on the Exchange website under the following link:
https://www.bseindia.com/static/investors/services.aspx#!#3

The investors are cautioned and advised not to subscribe to any scheme/product offered by any person/entity offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law. Further, investors are advised not to share their trading credentials such as user id/password with anyone for trading in their account/handling of the portfolio.

Participation in such prohibited schemes is at investors' own risk, cost and consequences as such schemes are neither approved nor endorsed by the Exchange. The investors may note that for any kind of disputes relating to such prohibited schemes none of the following recourses will be available to investors:

1. Benefits of Investor Protection under Exchange's Jurisdiction

2. Exchange Dispute Resolution Mechanism

3. Investor Grievance Redressal Mechanism administered by Exchange.

Investors are advised to take note of the above

About BSE
BSE Ltd., India’s leading exchange group, is celebrating its 150th year anniversary this year. BSE has been playing a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder base. BSE provides an efficient and transparent market for trading in multiple asset classes including, equity, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, SME, startups and debt instruments. BSE has set up investor service centers in Delhi, Chandigarh, Shimla, Dehradun, Kanpur, Lucknow, Rajkot, Vadodara, Surat, Patna, Ranchi and Bhubaneswar. BSE conducted 13,780 investor awareness programs in FY24 which engaged 7,58,365 participants. The #ManekiMano videos created by BSE which explain simple Dos and Donts with tinge of humor, got 10.75 crore views on social media. Over 1 crore investors have taken The Investor Pledge at to share it with their friends on social media.

Media Contact 
Santanu Chakraborty

022 2272 8516 
Santanu.Chakraborty@bseindia.com