Description
SEBI issues recovery notice under certificate no. 8837 of 2025 against MH Mills & Industries Ltd (PAN: AAACM9900G) in the matter of Sharepro Services India Pvt Ltd
Summary
SEBI has issued a Notice of Demand under Recovery Certificate No. 8837 of 2025 dated 22.07.2025 against MH Mills & Industries Ltd (PAN: AAACM9900G) in connection with the matter of Sharepro Services India Pvt Ltd. This enforcement action indicates regulatory recovery proceedings initiated by SEBI.
Key Points
- Recovery Certificate No. 8837 of 2025 issued on July 22, 2025
- Target entity: MH Mills & Industries Ltd with PAN: AAACM9900G
- Connected to matter involving Sharepro Services India Pvt Ltd
- Part of SEBI’s enforcement and recovery proceedings
- Published on SEBI’s official enforcement section
Regulatory Changes
No new regulatory changes are introduced through this notice. This is an enforcement action under existing SEBI recovery procedures.
Compliance Requirements
- MH Mills & Industries Ltd must comply with the recovery demand as specified in the certificate
- Entity subject to recovery proceedings under SEBI regulations
- Compliance with payment schedule and terms as per the recovery certificate
Important Dates
- Recovery Certificate dated: July 22, 2025
- Notice publication date: July 26, 2025
Impact Assessment
This recovery notice represents targeted enforcement action against a specific entity. While it demonstrates SEBI’s active enforcement of regulations, the impact is primarily confined to the named entity and does not indicate broader systemic regulatory changes affecting the wider market.
Impact Justification
Recovery proceeding against specific entity indicates enforcement action but limited broader market impact