Description
SEBI recovery certificate issued against Compass Distributors Pvt Ltd (PAN: AADCC8036A) in relation to A.P. Nos 14824 and 14825 of 2025 concerning PS IT Infrastructure and Services Limited.
Summary
SEBI has issued Recovery Certificate No. RC8795 of 2025 against Compass Distributors Pvt Ltd (PAN: AADCC8036A) in connection with Adjudication Proceedings Nos. 14824 and 14825 of 2025 related to PS IT Infrastructure and Services Limited.
Key Points
- Recovery Certificate No. RC8795 of 2025 issued
- Target entity: Compass Distributors Pvt Ltd (PAN: AADCC8036A)
- Related to A.P. Nos 14824 and 14825 of 2025
- Connected to PS IT Infrastructure and Services Limited matter
- Enforcement action for compliance violations
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing SEBI regulations.
Compliance Requirements
- Compass Distributors Pvt Ltd must comply with the recovery certificate
- Payment of penalties/disgorgement as determined in the adjudication proceedings
- Adherence to any other compliance measures specified in the original adjudication order
Important Dates
- Certificate Date: August 2025
- Related to ongoing adjudication proceedings 14824 and 14825 of 2025
Impact Assessment
High impact enforcement action indicating serious compliance violations. Recovery certificate suggests financial penalties or disgorgement orders that must be paid by Compass Distributors Pvt Ltd. This action may affect the company’s operations and reputation in the securities market.
Impact Justification
Recovery certificate indicates enforcement action with financial implications for the entities involved