Sebi to set up local office in Agartala

By: | Published: September 23, 2016 7:34 PM

To improve access to investors in the north-eastern region and spread financial literacy, capital market regulator Sebi today approved setting up a new office in Agartala.

The Sebi board also approved to establish an office at Vijayawada, the new capital of Andhra Pradesh. (Reuters)The Sebi board also approved to establish an office at Vijayawada, the new capital of Andhra Pradesh. (Reuters)

To improve access to investors in the north-eastern region and spread financial literacy, capital market regulator Sebi today approved setting up a new office in Agartala.

The Sebi board also approved to establish an office at Vijayawada, the new capital of Andhra Pradesh.

“The board approved opening new local offices of Sebi at Agartala which will cover the states of Manipur, Mizoram and Tripura,” the regulator said.

The move is part of Sebi’s efforts to educate and help investors. It would help investors to have a better understanding of the capital markets.

The Mumbai-headquartered Sebi had earlier opened its local offices in various places like Patna, Hyderabad, Uttarakhand, Chandigarh, Lucknow, Bengaluru and Guwahati, as part of its efforts to decentralise its functions.

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