Description
SEBI attachment notices for non-redressal of investor grievances against Nimbus Industries Limited under Recovery Certificate No. 4523 of 2023.
Summary
SEBI has issued attachment notices dated August 12, 2025, under Recovery Certificate No. 4523 of 2023 against Nimbus Industries Limited for non-redressal of investor grievances. This represents enforcement action to recover dues from the company.
Key Points
- Attachment notices issued on August 12, 2025
- Related to Recovery Certificate No. 4523 of 2023
- Target company: Nimbus Industries Limited
- Cause: Non-redressal of investor grievances
- Document is a scanned PDF containing 4 pages
Regulatory Changes
No new regulatory changes introduced - this is an enforcement action under existing investor protection framework.
Compliance Requirements
- Companies must maintain proper investor grievance redressal mechanisms
- Timely resolution of investor complaints is mandatory
- Non-compliance can lead to recovery proceedings and asset attachment
Important Dates
- August 12, 2025: Date of attachment notices
- 2023: Year of original Recovery Certificate No. 4523
Impact Assessment
High Impact: Attachment notices represent serious enforcement action that can freeze company assets and operations. This affects Nimbus Industries Limited’s ability to conduct normal business and indicates significant regulatory non-compliance regarding investor protection obligations.
Impact Justification
Attachment notices indicate serious enforcement action for non-compliance with investor grievance redressal