To 

All Trading Members of the Exchanges

Sub: Final Order in the matter of Stock Recommendations using Social Media Channel (Telegram).

In continuation to the Exchange Notice No. 20220112-30 dated January 12, 2022 on the captioned matter.

SEBI vide its order no. WTM/AN/ISD/ISD-SEC-3/25879/2023-24 dated April 26, 2023, has inter-alia issued following directions:

• The Noticee nos. 1, 2 and 3 are hereby restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in the securities market, directly or indirectly in any manner whatsoever, from the date of this Order, till expiry of 3 years from the date of payment of disgorgement amount as mentioned at paragraph 66.4.

• The Noticee nos. 4, 5 and 6 are hereby restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in the securities market, directly or indirectly in any manner whatsoever, from the date of this Order, till expiry of 1 year from the date of payment of disgorgement amount as mentioned at paragraph 66.4.

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                                                                                          Shubham Benere

Regulatory Correspondence                                                                     Regulatory Correspondence                                                        

Date: April 26, 2023