NSE Cautions Investors about Funds Collected by Tradewings Solutions and Dayanidhi Pati
Moneylife Digital Team 21 February 2022
National Stock Exchange of India (NSE), the world's largest derivatives exchange by trading volume (contracts), has warned investors not to fall prey to funds or deposits collected by two entities, Tradewings Solutions Ltd and Dayanidhi Pati. 
 
In a statement, the Exchange says, "Tradewings Solutions and Dayanidhi Pati are not registered either as a member or authorised person of any registered member of the NSE. Investors are cautioned and advised not to subscribe to any scheme or product offered by any entities and persons, who offer indicative, assured and guaranteed returns in the stock market as the same is prohibited by law."
 
NSE has not shared any details about either Tradewings Solutions or Dayanidhi Pati. 
 
However, Kolhapur (Maharashtra)-based Tradewings Solutions has termed its wrong linking with NSE and BSE as a technical glitch. In a statement on its website, it says, "We apologise for the inconvenience caused due to a technical glitch on our website which displayed incorrect information about our association with NSE and BSE. We are deeply sorry for the incorrect information that was posted on our website. We regret the inconvenience caused. We only hold valid membership with MCX."
 
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