The National Stock Exchange of India (NSE) on Monday issued Caution for Investors with respect to entity/person named “Tradewings Solutions Limited” and “Dayanidhi Pati”.

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'Collecting funds; assuring returns'

NSE in its 'Caution for Investors' note said, "It has been brought to the notice of the Exchange that entity/person named “Tradewings Solutions Limited” and “Dayanidhi Pati” are collecting funds/deposits and assuring returns on these funds/deposits."

'Not registered'

NSE in its 'Caution for Investors' note added, "It may be noted that the entity/person named “Tradewings Solutions Limited” and “Dayanidhi Pati” are not registered either as a member or authorized person of any registered member of the National Stock Exchange of India Limited."

'Don't subscribe'

"Investors are cautioned and advised not to subscribe to any scheme/ product offered by any entities/persons, who offer indicative/assured/guaranteed returns in the stock market as the same is prohibited by law," NSE further added in its 'Caution for Investors' note.

FULL TEXT

Caution for Investors

It has been brought to the notice of the Exchange that entity/person named “Tradewings Solutions Limited” and “Dayanidhi Pati” are collecting funds/deposits and assuring returns on these funds/deposits. It may be noted that the entity/person named “Tradewings Solutions Limited” and “Dayanidhi Pati” are not registered either as a member or authorized person of any registered member of the National Stock Exchange of India Limited. Investors are cautioned and advised not to subscribe to any scheme/ product offered by any entities/persons, who offer indicative/assured/guaranteed returns in the stock market as the same is prohibited by law.

*Issued in interest of investors*

National Stock Exchange of India (NSE)

-National Stock Exchange of India (NSE) is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2021. 

- NSE is ranked 4th in the world in the cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for calendar year 2021. 

- NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. 

-  NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. 

- NSE also oversees compliance by trading, clearing members and listed companies with the rules and regulations of SEBI and the exchange. 

- NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology.