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PFRDA Public Notice - Caution Against SALAI Holdings and SMART Society

PFRDA Public Notice - Caution Against SALAI Holdings and SMART Society
Pension Fund Regulatory and Development Authority
PUBLIC NOTICE DATED 09.03.2026
(Caution against dealing with SALAI Holdings Pvt. Ltd. and SMART Society)

Whereas it has been reported by police authorities that SALAI Holdings Private Limited and SMART Society, formed by Mr. Narengbam Samarjit Singh and his associates, have agreed to pay monthly interest against deposited amounts post receipt of membership dividend claim book and receipt memos issued to depositors by SMART Society.

The Authority would like to bring to the notice of the general public that the said entities, its subsidiaries/ agencies are not registered in respect of activities falling within the jurisdiction of the PFRDA Act, 2013.

The general public desirous of participating in the National Pension System (NPS) and other pension schemes regulated by this Authority are hereby advised to exercise caution and not to deal with or give any contribution or documents to aforementioned companies and its holdings, subsidiaries or agencies, or any of its officers, employees in any manner.

Individuals are advised to deal only with such entities as are registered with PFRDA as intermediaries, details of which can be accessed from the website of PFRDA at www.pfrda.org.in. Details regarding NPS are also available on the website www.npstrust.org.in.

PFRDA shall not be liable for any financial or any other loss suffered by any person on account of any dealings with unauthorized entities/ individuals. All such dealings are conducted at the individual's sole risk.

If you have been approached by these entities for pension investments, consider reporting the incident to the PFRDA or the local law enforcement agencies.

This notice is issued in the interest of general public.

Sd/-
Issued by Order - General Manager
For on and behalf of PFRDA
Download Official Public Notice (PDF)
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