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Shri Rajeev Kumar Agarwal, Whole Time Member of SEBI, inaugurated the Local Office of SEBI at Lucknow today, in the presence of Shri S. Ravindran, Executive Director, SEBI. Senior bankers and other dignitaries also graced the occasion.
The Lucknow Local Office of SEBI is located at 3rd Floor, Eldeco Corporate Chambers-II, Vibhuti Khand, Gomti Nagar, Lucknow - 226 010 - Tel: +91-522-6005226, E-mail : lucknow-lo@sebi.gov.in
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.
In order to facilitate better reach of investors and intermediaries to SEBI, it was decided to open Local Offices in major cities of the country. The jurisdiction of the Local Office at Lucknow extends to the State of Uttar Pradesh. The Local office of Lucknow is under the administrative control and jurisdiction of SEBI's Regional Office at New Delhi.
The functions of the Lucknow Local Office includes facilitating the redressal of investor grievances against listed companies and market intermediaries, 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.