NSE Caution: “King of Nifty” & Telegram Channel Flagged

Promised assured stock market returns by someone claiming to represent the King of Nifty?

Do not fall for the hype.

The NSE just blew the whistle on their unregistered operations and account handling tricks.

Find out what you need to do right now if you are already connected.

Who Is Named In The King Of Nifty NSE Notice Dated October 13, 2026?

NSE does not describe a vague online presence this time. It lists four identifiers in one sentence.

Check each one against what you have seen, saved, or received.

1. The Person Named Susant

NSE says a person named “Susant” is claiming to be associated with an entity.

The notice gives no surname, address, or other personal detail.

2. The Entity Named King Of Nifty

The entity is named “King of Nifty”. It is the name Susant is said to be claiming an association with.

The notice does not describe the entity’s size, office, or ownership.

3. The Mobile Number 6375802600

NSE says the person and entity are operating through mobile number 6375802600.

Compare it with calls, WhatsApp messages, and texts on your phone.

4. The Telegram Channel Demate Account Handling

The channel is named “DEMATE ACCOUNT HANDLING”. Its link is t.me/Demate_account_handling_3.

Match the exact link, because many channels use similar names.

Decoding the NSE Wording on the King Of Nifty Association

Wording matters in a regulatory notice. NSE says the person is claiming to be associated with the entity.

That is different from NSE confirming that any association exists.

1. What NSE Confirms

NSE confirms that it has been brought to its notice that these identifiers are providing assured or guaranteed returns and account handling services.

The notice says it was issued in the interest of investors.

2. What NSE Does Not Confirm

NSE does not state who owns King of Nifty or how Susant is linked to it.

This blog treats the name, number, and channel only as NSE listed them.

Demate Account Handling Telegram Channel Link and NSE Claims Explained

The channel name uses the word “account handling”, and NSE uses the same phrase for the service. Both point to the same concern.

The notice ties the channel to two offers.

1. Assured Or Guaranteed Returns On Stock Market Investment

NSE says the channel, person, and entity are providing assured or guaranteed returns on investment in the stock market.

The notice gives no figure for any promised return.

2. Account Handling Services To Investors

NSE says they are also providing account handling services to the investors.

The notice does not explain how the service works or what it costs.

Account Handling Services Linked To King Of Nifty: Why Sharing A Login Is The Real Risk?

Account handling usually means someone else operates your trading or demat account. That needs your login.

NSE’s advice here is direct and applies to every investor.

1. What NSE Advises On Trading Credentials

NSE advises investors not to share trading credentials such as user ID and password with anyone.

Your login decides who controls your orders and your funds.

2. What A Shared Login Can Allow

With your user ID and password, another person can place trades in your name. You may notice only when a statement arrives.

Read more on whether demat account handling is safe before agreeing to any such arrangement.

3. A Quick Self-Check

Ask who will hold your password, who will trade, and where your money will sit.

These are general questions, and the notice does not list them.

Assured Or Guaranteed Returns: Why NSE Says Such Schemes Are Prohibited By Law

Markets rise and fall, and no one can fix the result in advance. NSE puts it plainly.

It advises investors not to subscribe to any scheme or product offering indicative, assured, or guaranteed returns in the stock market.

NSE states that such schemes are prohibited by law.

Is King Of Nifty SEBI Registered Or Not?

The notice does not mention SEBI. It speaks about registration with the Exchange.

NSE says the said person or entity is not registered either as a member or Authorised Person of any registered member of the National Stock Exchange of India Limited.

1. How To Check A Broker Or Authorised Person

NSE provides a “Know/Locate your Stock Broker” tool at nseindia.com/invest/find-a-stock-broker.

It lists registered members and their Authorised Persons.

2. Cross-Check With Other Sources

You can also read about SEBI registered brokers and how to confirm one before you open an account.

NSE advises investors to check the details while dealing with any person or entity.

Client Bank Accounts: How To Check Where Your Money Is Supposed To Go?

Payments to a stranger’s personal account are a warning point in any market dealing. NSE provides a way to check.

The same Know/Locate page also shows designated client bank accounts.

1. What The Notice Says About Bank Accounts

NSE says the designated bank accounts named as client bank accounts are the ones trading members disclose to the Exchange for receiving and paying money.

They are displayed under the same link.

2. How To Use This Before You Pay

Compare any account you are asked to pay into with the list on the page.

The notice does not say where King of Nifty collects money, and it names no bank account.

Why NSE Dispute Resolution Does Not Apply to King Of Nifty?

NSE lists three recourses that will not be available for disputes over such prohibited schemes.

It also says participation is at the investor’s own risk, cost, and consequences.

1. Benefits Of Investor Protection Under The Exchange’s Jurisdiction

The exchange’s investor protection does not cover these schemes.

2. Exchange Dispute Resolution Mechanism

You cannot use the exchange’s dispute process for such schemes.

3. Investor Grievance Redressal Mechanism Administered By The Exchange

The exchange’s grievance system does not apply either.

NSE adds that such schemes are neither approved nor endorsed by the Exchange.

King Of Nifty Fraud Recovery: Step-by-Step Action Plan

Heard from “Susant” or landed in the “Demate Account Handling” channel? Pause before you reply.

NSE has named both and flagged assured returns plus account handling.

If you already replied, paid, or shared a login, the order of your next moves matters.

Go step by step: stop contact, secure your logins, save proof, then report to Telegram, the police, and SEBI.

These are general safety steps:

1. Stop Contact With The Number And Channel, And Protect Your Money

Stop replying to the number and the channel. Do not send money or share any login or OTP.

If money has already left your bank account, report it on the cyber crime portal or call 1930.

2. Change Your Trading And Demat Passwords

If you shared a login, change your trading and demat passwords through your broker’s official app.

Then check your trade book for any order you did not place.

3. Collect Chats, Call Logs And Payment Proof

Keep chats, call logs, payment receipts, the mobile number, and the channel link in one folder.

Every report below is only as strong as this proof.

4. Report The Telegram Channel To The Platform

Flag the channel on Telegram with its link. Here is how to report a Telegram scammer account step by step.

5. File A Police Complaint

Take your chats, call records, and payment proof to your local police station. Ask for an acknowledgement.

6. Email SEBI With The Number And The Channel Link

Send SEBI the channel link, the mobile number, your screenshots, and the dates.

A clear complaint with SEBI states what happened and when. SEBI’s SCORES portal covers registered intermediaries and listed companies, so an email may fit better here.

Conclusion

NSE has flagged a person named Susant, the entity King of Nifty, a mobile number, and the Telegram channel “DEMATE ACCOUNT HANDLING”.

It says they are providing assured or guaranteed returns and account handling services.

No exchange recourse applies.

Never share your login, check every account before paying, and report quickly if money has moved.

Report. Recover. Stay Fraud Free.