BMA Wealth Creators Ltd

Founded in 1992 and headquartered in Kolkata, BMA Wealth Creators Ltd was a comprehensive financial services provider in India. The company offered a wide range of services, including equity and derivatives trading, commodity and currency trading, depository services, portfolio management, and wealth management for retail, high-net-worth individual (HNI), and institutional clients. However, in 2020, the company was declared a defaulter and its membership was terminated by major Indian stock exchanges following a regulatory investigation that found it had misused client securities.