Description
SEBI notice for attachment of bank and demat accounts of LMR Green Realty Private Limited under recovery certificate proceedings related to IPO of Eco Friendly Food Processing Park Limited.
Summary
SEBI has issued a notice for attachment of bank accounts and demat accounts (14812 & 14813 of 2025) against LMR Green Realty Private Limited (PAN: AACCL1899B) as a defaulter in connection with the IPO of Eco Friendly Food Processing Park Limited under Recovery Certificate No. 8083 of 2024.
Key Points
- Recovery Certificate No. 8083 of 2024 issued against LMR Green Realty Private Limited
- Attachment notices 14812 & 14813 of 2025 dated August 01, 2025
- Defaulter entity: LMR Green Realty Private Limited (PAN: AACCL1899B)
- Related to IPO proceedings of Eco Friendly Food Processing Park Limited
- Enforcement action involves attachment of bank accounts and demat accounts
Regulatory Changes
No specific regulatory changes introduced - this is an enforcement action under existing recovery procedures.
Compliance Requirements
- Banks and depositories must comply with attachment orders
- Frozen accounts and demat holdings as per attachment notices
- Related parties should ensure compliance with recovery proceedings
Important Dates
- August 01, 2025: Date of attachment notices
- Recovery Certificate No. 8083 of 2024: Reference recovery certificate
Impact Assessment
Limited impact on broader market operations. Specific enforcement action against individual defaulter entity in IPO-related recovery proceedings. Banks and depositories handling accounts of the defaulter entity need to comply with attachment orders.
Impact Justification
Enforcement action against specific defaulter with limited market-wide impact