SEBI Securities and Exchange Board of India : PR - New premises of SEBI Local Office at Panaji, inaugurated

PR No. 22/2015

New premises of SEBI Local Office at Panaji, inaugurated

Shri Prashat Saran, Whole Time Member, Securities and Exchange Board of India, inaugurated the new premises of the Local Office of SEBI at Panaji today, in the presence of Shri Piyoosh Gupta, Regional Director, SEBI, Ahmedabad.

The Panaji Local office of SEBI is located at 6th Floor, EDC House, DrAtamaramBorkar Road, Panaji-403 001, Goa (Ph. 0832-2423110).

The mandate entrusted to SEBI by the Parliament is threefold - protection of the interests of the investors in securities, regulation of the securities market and development of the securities market.

For promoting a balanced pan India Securities market and in order to bring physical proximity of SEBI Offices to the investors and intermediaries, SEBI has decided to open Local Offices in various parts of the country. SEBI has already opened Local Offices at Bengaluru, Hyderabad, Kochi, Guwahati, Bhubaneswar, Patna, Ranchi, Chandigarh, Lucknow, Dehradun, Jaipur,Indore and Raipur.The jurisdiction of the Local Office at Panaji whose new premises was inaugurated today extends to the State of Goa. The Local office of Panaji is under the administrative control and jurisdiction of SEBI's Regional Office at Ahmedabad.

The functions of the Panaji Local Office includes facilitating the redressal of investor grievances against listed companies and market intermediaries, to spread investor education and financial literacy, processing the applications for Investment Advisors within its jurisdiction and such other functions as may be delegated from time to time to the Local Offices.

Mumbai

January 29, 2015