To

All Trading Members of the Exchange

Sub:  INTERIM EX PARTE Order Under Sections 11(1), 11(4), 11B (1) and 11D of the Securities and Exchange Board of India Act, 1992 and Regulation 35 of Securities and Exchange Board of India (Intermediaries) Regulations, 2008, In Re: Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 and Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003, in the matter of Sai Proficient Research Investment Advisory.

SEBI vide its order no. WTM/MPB/IMD /WRO/175/2021 dated February 09, 2021 has inter-alia issued following directions:

• Sai Proficient and its Proprietor Ms. Meeshika Vishwakarma are directed not to access the securities market and buy, sell or otherwise deal in securities or associates themselves with securities market, directly or indirectly, in any manner whatsoever or on behalf of any of its clients through their accounts.

• If Sai Proficient or its proprietor Ms. Meeshika Vishwakarma have any open position 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. Sai Proficient and its proprietor Ms. Meeshika Vishwakarma are 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 available on the SEBI website www.sebi.gov.in.

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

Jeevan Noronha                                                                                          Roshani More          

Senior Manager                                                                                           Assistant Manager 

Surveillance                                                                                                  Surveillance

Date: February 10, 2021