Description
SEBI remittance advice for recovery proceedings against Kanta Devi regarding trading activities in Vikas Proppant and Granite Limited.
Summary
SEBI has issued a remittance advice against Kanta Devi (PAN: BAMPD7042J) under Recovery Certificate No. 8474 of 2024. This relates to trading activities violations in the scrip of Vikas Proppant and Granite Limited.
Key Points
- Individual defaulter: Kanta Devi (PAN: BAMPD7042J)
- Recovery Certificate No. 8474 of 2024
- Related to trading activities in Vikas Proppant and Granite Limited
- SEBI enforcement action for recovery of dues
Regulatory Changes
No regulatory changes - this is an enforcement action against a specific individual.
Compliance Requirements
- Recovery proceedings initiated against the defaulter
- Payment of outstanding dues as per the recovery certificate
- Compliance with SEBI directives on trading activities
Important Dates
Recovery Certificate No. 8474 of 2024 - specific dates would be mentioned in the detailed document.
Impact Assessment
Limited market impact as this is targeted enforcement action against an individual defaulter. Reinforces SEBI’s commitment to recovery proceedings against violators of trading regulations.
Impact Justification
Recovery proceedings against individual defaulter for trading violations in specific scrip