MUMBAI, India: Reliance Securities Limited, a part of Reliance Capital, today
announced the launch of its Investor Awareness program that will cover over
1,50,000 investors across the country within this fiscal.
This is the second round of Investor Awareness Program (IAP)
being launched by RSL in a span of two years. The first one was launched in
2010 and with a target of 100 IAPs, educating over 30,000 investors in 50
towns and cities across India.
"Increasing Investor Awareness is an integral part of our
business strategy. We feel that an informed investor is better poised to
derive maximum benefit from the investment options available in the Indian
financial market. We will continue to ramp up our scale and pace of these
Investor Education Programs each year and hope to help more investor create
wealth by taking better investment decisions ", said Mr Vikrant Gugnani,
Executive Director, Reliance Securities.
The company would be rolling out its program in Punjab,
Haryana and Uttar Pradesh in the first phase followed by South, West and East
regions in a phased manner. The programs would be organized with the help of
partners in various across State Capitals, Metros, Tier-1, Tier 2 and Tier 3
cities across the country with a special focus on Eastern States.
"Our focus would be on Tier-2, Tier 3 cities where we feel
investors have not been able to participate in the entire exercise of wealth
creation because of lack of information or inadequate hand-holding preventing
them from taking the first step. For the existing investors, we would provide
them with adequate information on the advantages and dangers of internet
trading so that they can be careful while trading on the net. Over the next
few months we
propose to educate over 1.5 lakh such investors and are
hopeful a large part of these investors would take an informed view while
making investments ", said Mr Gugnani.
The company has formulated detailed modules and literature
that will help equip the investors with latest information on investment
options, evaluation tools, internet trading with special emphasis on the
advantages and disadvantages of the new internet and mobile technology
platforms that offer unique investment opportunities.
About Reliance Securities:
Reliance Securities Limited is the Equity Broking arm of Reliance
Capital. It endeavours to change the way investors transact in equity,
Derivatives and Currency Derivatives market and avail of services. It offers
a secured online share-trading platform and provides investment activities in
secure, cost effective and convenient manner. To enable wider participation,
it also provides the convenience of trading offline through variety of means,
including Call & Trade, Branch dealing Desk and its network of affiliates.
For Media Queries
Sharad Goel
Senior vice President
Corporate Communications
Reliance Capital
+91-9324984296
+91-22-30479217
sharad.goel@relianceada.com