Description
SEBI recovery certificate issued against Newever Trade Wings Limited under adjudication proceedings A.P Nos 14822 and 14823 of 2025.
Summary
SEBI has issued Recovery Certificate No. RC8805 of 2025 against Newever Trade Wings Limited (PAN: AADCN9668B) under adjudication proceedings A.P Nos 14822 and 14823 of 2025. This certificate relates to regulatory enforcement action requiring recovery of dues or penalties.
Key Points
- Recovery Certificate No. RC8805 of 2025 issued
- Company: Newever Trade Wings Limited (PAN: AADCN9668B)
- Dual adjudication proceedings: A.P Nos 14822 and 14823 of 2025
- Enforcement action initiated by SEBI
Regulatory Changes
No specific regulatory changes identified from available information.
Compliance Requirements
- Company subject to SEBI recovery proceedings
- Likely required to pay outstanding dues or penalties
- Must comply with any restrictions or requirements specified in the certificate
Important Dates
- Certificate Date: August 2025
- Specific deadlines and effective dates not available from metadata
Impact Assessment
This recovery certificate indicates regulatory non-compliance by Newever Trade Wings Limited requiring SEBI enforcement action. The impact is primarily on the specific entity involved, with potential implications for its operations and regulatory standing.
Impact Justification
Recovery certificate indicates regulatory non-compliance requiring enforcement action