Description

SEBI release order for defaulter Arun Kochar in connection with recovery certificate proceedings related to Wisec Global Limited.

Summary

SEBI has issued a release order for Arun Kochar (PAN: ARFPK1390P), who was designated as a defaulter in proceedings related to Wisec Global Limited under Certificate No. 6243 of 2023.

Key Points

  • Defaulter: Arun Kochar with PAN ARFPK1390P
  • Related entity: Wisec Global Limited
  • Certificate Number: 6243 of 2023
  • Action: Release order issued

Regulatory Changes

No specific regulatory changes announced in this release order.

Compliance Requirements

Release from defaulter status indicates completion of recovery proceedings or settlement of outstanding obligations.

Important Dates

  • Release Order Date: August 8, 2025
  • Original Certificate: 2023

Impact Assessment

Limited impact as this relates to individual defaulter status resolution rather than broader market regulations.

Impact Justification

Individual defaulter release order with specific entity involvement