PR No.

Shri Rajeev Kumar Agarwal, Whole Time Member, Securities and Exchange Board of India, inaugurated the new premises of the Local Office of SEBI at Indore today, in the presence of senior bankers and other dignitaries of Madhya Pradesh. 

The Indore Local office of SEBI is located at 104,105,1st floor, Satguru Parinay, Plot No. 5, Opp. C-21 Mall, Nr. Pakiza, A B Road, Indore Madhya Pradesh :- 452010  (Ph.:0731-4286405/6/7).

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. The jurisdiction of the Local Office at Indore whose new premises was inaugurated today is over the state of Madhya Pradesh. The Local Office of Indore is under the administrative control and jurisdiction of SEBI's Regional Office at Ahmedabad.

The functions of the Indore Local Office includes facilitating the redressal of investor grievances against listed companies and securities 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 Office.