Quick Summary
NSE has issued a caution notice against Haresh Chaudhary, who claims association with an entity called “Perfect Trading,” running a website and a Facebook group offering illegal dabba trading services. NSE confirms he is not registered as a member or Authorised Person, and a police complaint has already been lodged. What makes this notice unusual is the Facebook group itself, the exact same one NSE flagged under a completely different name just three days earlier. Here’s the full picture, and why that overlap matters.
NSE just flagged a Facebook group called “Stock Market (Dabba Trading).”
Here’s the part that makes this different from a routine warning: NSE flagged this same group three days ago too, attached to a completely different person’s name.
Same group. Two warnings. Two different names claiming to run it.
That’s not a coincidence worth glossing over. It’s the single most useful detail in this entire notice, because it tells you the group itself is the real problem, not just whichever name happens to be fronting it this week.
Who Is Haresh Chaudhary and What Is “Perfect Trading”?
NSE’s caution notice, dated September 21, 2026, names a person called Haresh Chaudhary, operating through mobile number 9327410491.
He claims association with an entity called “Perfect Trading,” running a website at perfecttrading.online.
Alongside the website, he’s connected to a Facebook group called “Stock Market (Dabba Trading).” NSE describes the whole operation plainly as providing dabba, or illegal, trading services to investors.
The Same Facebook Group NSE Flagged Just Three Days Ago
Here’s the detail that makes this notice worth a second look.
The Facebook group link in this notice, facebook.com/groups/531449605827341, is the same group NSE named in a separate caution notice dated September 18, 2026, just three days before this one.
That earlier notice attached the group to a different person entirely, using a different mobile number and a different front: a downloadable app rather than a website.
Same group. Different named operator. Different packaging. Three days apart.
This is worth sitting with for a second, because it tells you something the individual notices don’t say outright. A single recruiting group can sit underneath more than one “brand” at the same time, or get handed off between operators once one identity draws attention.
If you want to understand how these setups are typically built and run from the inside, our explainer on how dabba trading works breaks down the fake dashboards, internal settlements, and why none of it ever reaches a real exchange.
Why This Isn’t Just a SEBI Matter, It’s Already a Police Case?
As with the notice three days earlier, NSE states plainly that a police complaint has already been lodged in this matter too.
The legal exposure spelled out here is identical and worth repeating, since it’s unusually specific for a caution notice.
Under Section 23(1) of the Securities Contracts (Regulation) Act, contravening Sections 13, 16, 17, or 19 can mean imprisonment of up to 10 years, a fine of up to ₹25 crore, or both.
Under Section 25, this is also a cognizable offence, meaning state police can investigate it directly, without waiting on SEBI or NSE to act first.
The notice additionally cites three sections of the Bharatiya Nyaya Sanhita: Section 316 for criminal breach of trust, Section 318 for cheating, and Section 61 for criminal conspiracy.
In practical terms, this is treated as a straightforward criminal matter, not a slow-moving regulatory complaint sitting in a queue somewhere.
Is Haresh Chaudhary’s Perfect Trading NSE Registered or Not?
No. NSE’s notice confirms that the person or entity running this website and Facebook group is not registered, either as a member or as an Authorised Person of any registered exchange member.
That means no real oversight exists behind Perfect Trading’s operations, regardless of how professional the website or group might look.
NSE points investors to its own “Know/Locate your Stock Broker” tool on nseindia.com, to verify any broker’s genuine registration status directly.
For the fuller picture beyond this one notice, our main guide on dabba trading covers how it works, why it stays illegal, and every channel available for reporting it.
What to Do If You’ve Sent Money to Perfect Trading?
If you’ve engaged with Perfect Trading, joined the Facebook group, or sent money through either, the standard investor protections simply don’t apply here.
NSE lists this explicitly: no Exchange Dispute Resolution Mechanism, and no Investor Grievance Redressal Mechanism, since none of this runs through a registered exchange member.
Since a police complaint is already active here, documenting your own chats, payment receipts, and screenshots is genuinely useful, it helps connect your loss to the ongoing investigation rather than starting from zero.
From there, here’s where to go depending on your situation:
- File a complaint with SEBI, since Haresh Chaudhary and Perfect Trading hold no registration, and SCORES only takes up cases against entities SEBI already regulates.
- File complaint in NSE if your concern instead involves a registered broker’s conduct.
Conclusion
The individual details here, a name, a mobile number, a website, matter less than the pattern connecting this notice to the one before it.
The same Facebook group has now shown up twice in three days, wearing two different names.
That’s the real lesson: the group itself, not just the person currently fronting it, is what deserves your suspicion.
If you’re in that group or anywhere near Perfect Trading, the safest move is to leave now, before the name attached to it changes again.
Report. Recover. Stay Fraud Free.
He's an individual claiming association with "Perfect Trading," offering illegal dabba trading services through a website and a Facebook group. NSE flagged the exact same Facebook group under a different operator's name just three days before this notice, on September 18, 2026. No. NSE's notice confirms neither Haresh Chaudhary nor Perfect Trading is registered as a member or Authorised Person. Yes. NSE's notice confirms a police complaint has already been lodged, alongside the public caution notice. Up to 10 years imprisonment and a fine of up to ₹25 crore under the SCRA, alongside charges of criminal breach of trust, cheating, and criminal conspiracy under the Bharatiya Nyaya Sanhita. Document everything you have, file with your local police or the 1930 cybercrime helpline, and separately email SEBI to flag the unregistered operator.Frequently Asked Questions
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