To

All Trading Members of the Exchange 

Sub: INTERIM ORDER Under Sections 11, 11(4), 11B (1) and 11D of the Securities and Exchange Board of India Act, 1992 in respect of M/s.VRP Capital and Derivative Market Services.

SEBI vide its order no. WTM/MPB/IMD/WRO/SRO-BLO/157/2020 dated December 15, 2020 has inter-alia issued following directions:

• Not to access the securities market and buy, sell or otherwise deal in securities in any manner whatsoever, directly or indirectly, until further orders.

• If VRP Capital or its sole Proprietor Vaibhav Patil has any open positions in any exchange traded derivative contracts, as on the date of the order, they can close out/ square off such open positions within 3 months from the date of order or at the expiry of such contracts, whichever is earlier. VRP Capital, its Proprietor Vaibhav Patil is permitted to settle the pay-in and pay-out obligations in respect of transactions, if any, which have taken place before the close of trading on the date of this order.

This Order is effective from the date of the order. 

A copy of the said Order is attached herewith and also available on the SEBI website www.sebi.gov.in. 

Trading members are advised to take note of the same and ensure compliance.

Jeevan Noronha                                                                                                           Vivek Rai                 

Sr. Manager                                                                                                                    Assistant Manager  

Surveillance                                                                                                                    Surveillance

Date: December 16, 2020