Description
SEBI completion order for recovery certificate against Blink Share and Comtrade Pvt. Ltd. in relation to Excel Castronics Limited matter.
Summary
SEBI has issued a completion order for Recovery Certificate No. 5204 of 2022 against Blink Share and Comtrade Pvt. Ltd. in the matter of Excel Castronics Limited. This order indicates the completion of recovery proceedings initiated against the entities.
Key Points
- Recovery Certificate No. 5204 of 2022 has been completed
- Action taken against Blink Share and Comtrade Pvt. Ltd.
- Related to Excel Castronics Limited matter
- Completion order signifies resolution of recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is a completion order for existing recovery proceedings.
Compliance Requirements
The completion order indicates that the recovery proceedings have been concluded. No further compliance requirements for the recovery certificate.
Important Dates
- Order Date: August 5, 2025
- Recovery Certificate: No. 5204 of 2022
Impact Assessment
Medium impact as this represents the conclusion of enforcement action. The completion of recovery proceedings provides closure to the matter involving Excel Castronics Limited and the associated entities.
Impact Justification
Recovery certificate completion indicates enforcement action resolved