Fellow Traders & Investors,
As you all must be aware by now, SEBI has barred Unicon (Unickon) Securities, and all the AP’s (Authorized Persons) and Sub-Brokers. Click here to see the SEBI order. The National Stock Exchange (NSE), Bombay Stock Exchange (BSE), have also expelled Unicon Securities.
The value of total claims pending as on the date of the SEBI order is Rs 11.81 Crores on NSE and Rs 3.02 Crores on BSE.
NSE has today put out a notice in all the leading newspapers to lodge claims, if any (in the prescribed form) against Unicon securities within the next 3 months. Any claim after these 3 months will not be entertained by the exchange. Also the maximum compensation limit per investor if found due and payable out of the investor protection fund is Rs 15 lakhs. Find below the notice, and you can also read the news article here.
Ensure you spread this message amongst your friends who might have been trading with Unicon Securities to lodge their claims immediately with the exchanges.
Empowering Indian retail investors/traders