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Brief
On November 27, 2024, the Securities and Exchange Board of India issued an update regarding Order in the matter of Optionsmaster Research Advisory Services. The order directs Noticee No.1, Optionsmaster Research Advisory Services, and Noticee No.2, Om Consultancy, to jointly and severally refund all money collected from investors, including Rs.5,22,09,074/- (Five crore twenty-two lacs nine thousand and seventy-four rupees) for unregistered investment advisory services.
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