New facility to address complaints and promote investor awareness
Key Points:
• SEBI establishes Investor Service Centre in Bistupur, Jamshedpur
• Centre to resolve complaints against listed entities and intermediaries
• Facility aims to conduct investor awareness programs in Jharkhand
JAMSHEDPUR – The Securities and Exchange Board of India (SEBI) has inaugurated an Investor Service Centre in Bistupur to serve securities market investors in Jharkhand.
SEBI collaborated with NSE and BSE to establish the new facility.
The centre, managed by NSE, will cater to the needs of local investors.
Moreover, it aims to resolve complaints against listed corporate entities.
SEBI Executive Director Biranchi Narayan Sahoo inaugurated the centre on September 26, 2024.
The event was attended by key officials from SEBI and NSE.
Amit Kapoor, Chief General Manager and Regional Director (East) of SEBI, was present.
Additionally, Krishnan Iyer, Senior Vice President of NSE, participated in the inauguration.
The centre will address issues related to registered intermediaries in the securities market.
Furthermore, it will facilitate the conduct of investor awareness programs in Jharkhand.
This initiative aims to enhance investor protection in the region.
By establishing a local presence, SEBI seeks to improve accessibility for investors.
The centre is expected to streamline the complaint resolution process.
It will serve as a hub for educational initiatives in the securities market.
Investors in Jamshedpur and surrounding areas can now seek assistance locally.
The facility underscores SEBI’s commitment to investor welfare.
It also highlights the importance of Jharkhand in India’s financial landscape.
The centre’s establishment is a significant step towards financial literacy in the state.
Local investors expressed optimism about the new service.
They anticipate quicker resolution of issues and better access to market information.
