Description
SEBI issues demand notice against Mr. Asit Kumar Bhowmik in connection with Seya Industries Limited matter.
Summary
SEBI has issued a Notice of Demand dated August 13, 2025, under Recovery Certificate No. 8862 of 2025 against Mr. Asit Kumar Bhowmik in the matter of Seya Industries Limited. This represents enforcement action for regulatory violations.
Key Points
- Demand notice issued against Mr. Asit Kumar Bhowmik
- Related to Seya Industries Limited matter
- Recovery Certificate No. 8862 of 2025
- Notice dated August 13, 2025
Regulatory Changes
No new regulatory changes introduced through this notice.
Compliance Requirements
- Mr. Asit Kumar Bhowmik must comply with the demand notice
- Payment of dues as specified in the recovery certificate
- Adherence to recovery proceedings timeline
Important Dates
- Notice Date: August 13, 2025
- Recovery Certificate: RC No. 8862 of 2025
Impact Assessment
This is an individual enforcement action with minimal direct market impact. However, it demonstrates SEBI’s continued focus on regulatory compliance and recovery of dues from violators.
Impact Justification
Individual enforcement action with limited market impact but regulatory significance