Data Centres - A USD 25 Billion Market Opportunity Over The Next Decade

Caution

Over the last few months, certain unknown miscreants have formed numerous WhatsApp groups/fake websites and domain names misusing our name, infringing on our trademark, logo and impersonating our employee, Mr. Naresh Rathi, thereby inducing people to invest in stocks, falsely assuring them high profits and then duping them of their monies. Some people are being misled by these fraudsters who are posing as Avendus representatives into believing that they have been duped by Avendus, its affiliates and employees. A list of these fake groups and apps that we have identified/have been brought to our notice can be accessed via this link. There could also be other surreptitious groups that have not come to our notice but are abusing our trade name or that of any of our employees to defraud the general public. We have lodged an FIR at the BKC Police Station, Mumbai (FIR No. 0518) in relation to the aforesaid acts and also informed regulatory authorities about the same. We have also requested them to take the strictest possible action against the perpetrators.

Please note, Avendus Group comprising Avendus Capital Private Limited and its affiliates including Spark Institutional Equities Private Limited (with the brand names “Avendus”, “Avendus Spark”) are regulated entities. Neither we, nor any of our partners, directors or employees have created or subscribed to any such fake websites or groups on any third-party apps like WhatsApp, Telegram etc. that deal in stock market information or tips, nor do we endorse any such dubious activities that encourage people to part with their hard-earned monies by assuring high returns.

We recommend that you only trust communication from authorized Avendus platforms – Official website, LinkedIn, X, Instagram, YouTube. We also urge Avendus clients to only trust communication with/from your respective relationship managers in this regard. Anyone dealing with unauthorized entities or disbursing monies or acting on such tips without proper verification shall be doing so at their own risk and Avendus Group shall neither be responsible in any manner, nor can it assist the victims in recovering their lost monies. We strongly urge you to be vigilant and conduct thorough due diligence before acting on stock tips shared on such fraudulent groups impersonating Avendus or Naresh Rathi or any other employee.

In case anyone misleads you in the name of Avendus or Avendus Spark or any other affiliate entities or its employees in any manner, you may consider filing a complaint at your jurisdictional police station.