Chief Information Commissioner, Uttarakhand Nrip Singh Napalchyal inaugurated the local Office of SEBI at Dehradun on Saturday, in the presence of UK Sinha, Chairman, Securities and Exchange Board of India.
The Dehradun local Office of SEBI is located at 2nd Floor, Garhwal Mandal Vikas Nigam Building, 74/1, Rajpur Road, Dehradun -248 001 (Ph: 0135-2740725). 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 Dehradun extends to the State of Uttarakhand. The local office of Dehradun is under the administrative control and jurisdiction of SEBI’s Regional Office at New Delhi.
The functions of the Dehradun 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.